Listing Number: 2201-149295
Description
Truly semi-absentee. This is a very successful Korean-Style Fried Chicken chain of restaurants, renowned for its delicious, authentic Korean fried chicken and exceptional customer service. It is currently a licensed operation, soon to be converted into a franchise. Fully staffed with 10 employees and operational management in place. Both owners have day jobs and do not supervise the daily operations. Very profitable in just 3 years of operation, with an excellent long-term lease and optional 5 years extension available. This is the perfect opportunity for a buyer/investor looking for an established, turn-key operation. Fully equipped with a state-of-the-art kitchen and serving robot. The license/franchise transfer fee of $20,000 is not included in the asking price. This business will certainly qualify for an investor visa. All prospective buyers will have to be approved by the licensor/franchisor and the landlord, and will be asked to provide a BIO/CV and proof of funds/ financial statement before further disclosure.
Listing Details
- Price: DH 530,000
- Down Payment: DH460,000
- Sellers Discretionary Earnings: DH 312,738
- Total Sales: DH 1,265,863
- Location: Broward County, Florida
- Inventory: DH 17,250
- FF&E: DH 54,600
- Employees: 10
- Year Established: 2021
- Reason for Selling: Lack of time
- Category: Restaurants
