Business Summary:
**OWNERS ARE EXTREMELY MOTIVATED TO SELL! WILLING TO NEGOTIATE ON THE PRICE AND ENTERTAIN OFFERS IF THE BUYER CAN CLOSE BY THE END OF MAY**A franchise fried chicken restaurant boasting a fusion of Korean flavors and a full bar offering 16 draft beer selections is now available for acquisition in a busy northwest Dallas suburb. Established in July 2021 by the previous owner, the business came under current ownership in December 2023. Although it is considered a franchise, the franchisor is extremely flexible with the operation and is even willing to let the new buyer convert into their own concept.The menu boasts an array of Korean flavor-infused options, including fried chicken combos, specialty rice bowls, sandwiches, sides, soups, salads, appetizers, and beverages. Strategically located at the intersection of two busy roads, the restaurant benefits from high visibility and foot traffic in a busy northwest Dallas suburb. The facility is gorgeous, with a welcoming sports bar atmosphere, and all equipment is in excellent condition, including a recently upgraded bar walk-in cooler, representing a $15,000 investment by the owner.The customer base is primarily Caucasian families with children and white-collar workers during lunch hours. The business faces no direct competition in the immediate market area. Although sales experienced a decline due to mismanagement by the previous owner in 2023, the current owner's focus on quality control, food quality, and employee training has resulted in a gradual sales increase in 2024.Current marketing strategies include a dedicated website and active social media presence. Potential new marketing strategies could include implementing happy hour, daily specials, and exploring sponsorship opportunities with the local high school sports teams.Ample growth potential can be achieved by a new owner. The lack of sports bars in the immediate area presents an opportunity for the new owner to capitalize on the gorgeous space and upgraded full bar by converting into a sports bar. Additionally, the introduction of an active owner-operator, particularly on the front-of-house, could significantly reduce labor costs and enhance efficiency.The current owners currently invest 10-15 hours per week managing the business, overseeing operations, inventory procurement, and handling payroll. For a qualified buyer, this represents a great chance to acquire a flexible franchise fried chicken restaurant and bar at a fraction of the cost of starting anew. To learn more about this exciting opportunity, kindly submit a Buyer Registration (if not already completed) along with a signed Non-Disclosure Agreement (NDA) pertaining to this listing under V-AID.For more info, please call Kevin Chung at 1-866-519-2421.
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