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$120K Yearly Net Profit! Church’s Chicken for Zero Goodwill in Birmingham, AL!

RestaurantsFor Sale in Birmingham, AL

Financial & Assets Details

$925,000
$120,000

About the Business

Business Description

Zero Goodwill! Buyer only needs to pay the franchise transfer fee of $5,000 and the inventory of approximately $10,000!

2019 Gross Revenue: $925,000! Net Profit is $120,000 after rent and all expenses including a full-time payroll of more than $165,000!

Average sales for 2020 YTD are $77,000 per month! The Business is Pandemic and Recession Proof!

Buyer must fill out a Personal Financial Statement and Resume showing past fast food and/or restaurant experience. Seller is asking for monthly rent at only $10,000 NNN with a 20-year lease available. Net Profit after rent is $120,000!

Seller has officially completed all reimage requirements for the franchise! Buyer does not have to worry about any renovation requirements from the franchisor for the next 5-7 years!

Asking Price for Business-only: $0 + inventory! Inventory is approximately $10,000.

Buyer will need to become a Church's Franchisee.

If interested, please email your full name and best contact number to info@riverbrokers.com

Listing ID: Churchs$0

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