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Church’s Chicken Business with Property Available!
Listing was updated at: 10/31/2018
Property Overview
Price/Rent PSF $ 1,249,000.00
Asset Type Restaurant
Trade Type Sale
SQ. FT. Available 1
Date Available 10/31/2018
Search Demographic Data Explore financing options
Description

The property was purchased over 10 years ago by an older, retired couple with medical problems. Their son was a manager at the Church’s and unfortunately was in an accident with a drunk driver in 2016. The son is disabled and can no longer work in the business. The mother is a retired accountant that used to work in loan underwriting. She has maintained the bookkeeping and has kept tax returns in good standing so that the property is eligible for an E2 Visa Application. The Visa Candidate must have good credit to qualify with the Church’s franchise. Located off a major Highway near the Interstate! 2016 Gross Revenue: $815,000. Net Profit of $160,000!  2017 Gross Revenue: $860,000! Net Profit of $185,000! 2018 Gross Revenue YTD is exceeding past performance! Asking price is $1,249,000.

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