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Business For Sale: Peck's Flame Broiled Chicken

Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken Business For Sale: Peck's Flame Broiled Chicken

Property Overview

Price/Rent PSF $ 50,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available Inquire
Date Available 03/31/2021
Additional URL Link
Floors 1
Building size 2210
Additional parameters Show
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Description

Location
Business located on Big Bend Road in Riverview.

Sale
Peck's Flame Broiled Chicken is exclusively represented by Yellowtail Commercial. This delicious QSR is ready for you to take over and instantly benefit from great income in a BOOMING location.



Founded by George K. in 1990, Peck's Flame Broiled Chicken is the healthiest and tastiest chicken around! At Peck's we serve only farm fresh grade A chickens that we marinate in our special blend of herbs and spices for at least 24 hours, and then broiled over a open flame to bring you the best tasting, low fat chicken to be found anywhere.



All FF&E (valued at approx $40,000) and current product, COGS, will remain with the sale. The owners will stay on board during a mutual agreed transition time.



Current owners look forward to a relaxing retirement and spending time with their beloved family.



The restaurant space is approx 2210 SF. ADA bathroom compliant with large dining area.



Installed in the space is a brand new 7.5-8 ton HVAC system, $10,000 value installed 2020.



Within the renewal option of the lease and paying approx $5,500 per month (which is inclusive of base, NNN, and tax). 2019 ended with a gross revenue of $389,000.00. Catering and Delivery is a large portion of the revenue at approx $109K.



The foot traffic and demographics are getting stronger in the area, due to the boom of population growth.



If purchased to operate as a Peck's, there will be a 4% royalty fee paid to the franchiser upon purchase; along with a franchise contract. If purchasing to operate under a different restaurant entity; no royalty fess will be due.



There is great value in leasing under these terms, Current rent in retail centers in the area are upwards of $30 per SF plus NNN.



Asking $50,000.00

Location

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