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High Volume Wing Franchise Downtown Chicago, IL - A+ Location!

Chicago, Illinois
High Volume Wing Franchise Downtown Chicago, IL - A+ Location!
Asking Price:$399,000
Monthly Rent: $7,500
Value Of FF&E: Included In Asking Price
Real Estate: N/A
Year Established: 2011
Status: For Sale

Contact Details

Contact Name: Tom Traina

Contact Email: sales@eatz-associates.com

Contact Phone: 847-651-3834

Contact Fax: 888-673-3045

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Business Description

Offering fresh made-to-order wings, hand-cut seasoned fries and their world famous sides.

Wings come in classic, boneless or crispy tenders in a dozen tasty flavors by the piece, in a combo or a family pack.  Sides include beans, corn, mac-n-cheese, rolls and more.  Brownies for dessert.  For drinks, a beverage fridge and a Coca-Cola Freestyle machine with over 120 sparkling & still beverage brands plus over 70 regular & low-calorie options.

Simple menu and operation - counter service.  Dine-in, carry-out and delivery.  Plus, catering with group packs.  Online ordering also available.

Cool modern industrial interior.  Ample seating.

Financials provided upon completion of a Non-Disclosure Agreement.

Highly confidential listing, please do not discuss with employees and patrons.

$ Owner Financing Available

 

Detailed Information

County: Cook

Location: Prime retail space in one of the most affluent neighborhoods in downtown Chicago. Surrounded by prestigious hotels, high rise condos, historic mansions and specialty boutiques, plus a booming nightlife. An intensely popular area for both residents and visitors alike.

Facilities: Leased space $7,500/mth includes rent, insurance and taxes. Current lease expires in Nov 2021 with two 5-year options. Square Feet: 1,400. Seating: 32. Days/Hrs of Operation: Daily 11a-12m.

Competition: The wing experts. A guest favorite. A fan favorite. Everybody loves wings and demand is on the rise. Wings are wildly popular as a snack, an appetizer or a main dish. Americans love their wings!

Growth and Expansion: First shop opened in 1994, began franchising in 1997. Currently over 1,000 locations worldwide. Boasting 12 years of same-store sales growth. And some of the highest sales per square foot in the industry. One of the fastest growing brands in the restaurant industry!

Support/Training: Four weeks training out of state.

Number of Employees: 12

Seller Financing: Possibly, to a well qualified buyer with substantial down.

Reasons For Selling: Downsizing.

Value Of FF&E: Included In Asking Price

 

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