2 Church's Chicken Franchises

File# C2459
Location: Genesee County
Business Price: $780,000 (businesses & real estate)
Down Payment: Cash subject to financing
Monthly Payment:TBD
Interest Rate: TBD
Amortization Period:TBD
Gross Sales: $800,000 Approximately
Source: 2017 per seller
Cash Flow: TBD
Source: 2017 per seller
Inventory: $20,000 +/- (both stores)
Days Open: 7 days
Business Hours: Sunday - Thursday 10:30am - 10pm, Friday & Saturday 10:30am - 11pm
Seats: 20 each
Parking: ample
Licences Required:Franchise, Serv-Safe, Health Dept, Sales tax
Year Established:2010 (both locations)
Year Acquired: 2010 (both locations)
Building Price:Included in asking price
Building Terms:

Profile:

Profile: Note: Qualified Buyers only. This is a rare opportunity to purchase two existing Churches Chicken Franchises together with the buildings and real estate. The locations are run semi absentee by the owner. The investment required to open a new Church’s Chicken Franchise is between $400,000-$1,250,000. For a new store there is an initial franchise fee of $15,000-$20,000 which grants a license to run a business under the Church’s Chicken name. The length of the initial franchise term is 20 years from the date of commencement of operation of the restaurant. One renewal term of 10 years is available, subject to contractual requirements. These locations were established in 2008. Ongoing royalties are 5% of sales and the advertising contribution is 4% of sales. The transfer fee is $15,000.00 per store and the training is in Atlanta, Georgia.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.