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Advert Ref: 228

Chicken Ribs Fast Food Business For Sale

Details: Asking price:$199,000; Sales revenue:$360,000; Net profit:$100,000; Fixtures value:$100,000; Inventory value:$7,000

Business description: Chicken and Ribs fast food take out business has been at present location for the past 15 years, however current owner in the possession of it since beginning of December 2005. Gross sale of average $7K per week during the summer and aprox. $10K per week during the winter. Most of business and deliveries are done during the evening hours from 5pm to 9pm. Large general merchandise store is moving to this shopping center and as a results there arrangements made for this business to move few doors up into slightly larger place. New flooring , plumbing and exhaust systems will be installed. In addition there will be seating for 16 people. Buyer will benefit from all this upgrades at no additional cost. Business equipped with surveillance through Internet. Open 7 days from 10.30am-9.30pm.

General information: Years established:1990; Employees: 4F/4P; Trading hours: 10.30am-9.30pm; Real Estate: Lease; Location:Chicken and ribs fast food business located on busy main road in the shopping area with ample parking, occupies 1200sqf at rent of $3195 includes tax & cc. 8 years lease.; Support & training:Will Train; Reasons for selling:Absentee owner fully occupied in other business; Financing available?Financing is a possibility negotiable