Profitable Chicken House in a Bustling AreaListing: #OR00299
About this Business for sale in Quezon CityProfitable Chicken House in a Bustling Area
It’s a go to place of students and locals for a quick fix of chicken chops and milk tea. They are known for their boneless chicken that is crispy on the outside and juicy in the inside!
A 60 sq. m. Area with 25 seating capacity located in a busy commercial area in Manila. They started with humble beginnings in a kiosk, expanded as a restaurant to accommodate their growing market and they have been in the business for 7 years.
They cater primarily to students and locals who live in the area. They are famous for their special chicken and milk tea combo catering to dine in locals and they have their on-the-go bundles for those who want to enjoy their food at home.
The gross profit of the restaurant remains healthy with an increasing trend. Figures shows approximately 10% yearly increase on its annual revenue and continues to show signs of continuous market infiltration.
The owner is very much willing to take time to undertake all measures to ensure smooth turnover of operations to the new owner including tackling all meticulous details of preparing the food.
Owner’s primary reason for the sale is that they are preparing to migrate with his family.
It is primarily suited to those who want to start into a restaurant business.
For Inquiries, Contact: Jessica Ong, Business Broker | +63 917 510 0989 | firstname.lastname@example.org
+63 2 900 8000
+63 917 514 4535
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.