High Volume Chicken Chain with a Cult Like Following - Business for Sale
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Korean Chicken Chain with Two Locations in Virginia
Norfolk, VA, US
Added 1 month ago
Food & Beverage, Retail Stores
12 years in business
Korean chicken restaurant chain with two locations in Norfolk and Virginia Beach, Virginia.
Key Information
Asking
$875K
Revenue
$1.6M
Earnings
$200K
Multiple
4.4x
Key Highlights
- Both locations can be purchased together for $1,400,000 or individually (Norfolk: $875,000, Virginia Beach: $625,000)
- Norfolk location sales up 2% last year and 15% year-to-date; Virginia Beach up almost 20% last year and 6% year-to-date
- 12 years in operation
- Includes two Instagram pages with 5,000+ followers each
- Up to 6 new store development agreements transferable
Contact Info
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