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Available For Sale - Specialpurpose

2,210 SF | Show Pricing $

AVAILABILITY DETAILS

Size
2,210 SF
Price/SF
Show Pricing $
Listing ID
SA437334
Notes
Peck's Flame Broiled Chicken is exclusively represented by Yellowtail Commercial. This delicious QSR is ready for you to take over and instantly benefit from great income in a BOOMING location.



Founded by George K. in 1990, Peck's Flame Broiled Chicken is the healthiest and tastiest chicken around! At Peck's we serve only farm fresh grade A chickens that we marinate in our special blend of herbs and spices for at least 24 hours, and then broiled over a open flame to bring you the best tasting, low fat chicken to be found anywhere.



All FF&E (valued at approx $40,000) and current product, COGS, will remain with the sale. The owners will stay on board during a mutual agreed transition time.



Current owners look forward to a relaxing retirement and spending time with their beloved family.



The restaurant space is approx 2210 SF. ADA bathroom compliant with large dining area.



Installed in the space is a brand new 7.5-8 ton HVAC system, $10,000 value installed 2020.



Within the renewal option of the lease and paying approx $5,500 per month (which is inclusive of base, NNN, and tax). 2019 ended with a gross revenue of $389,000.00. Catering and Delivery is a large portion of the revenue at approx $109K.



The foot traffic and demographics are getting stronger in the area, due to the boom of population growth.



If purchased to operate as a Peck's, there will be a 4% royalty fee paid to the franchiser upon purchase; along with a franchise contract. If purchasing to operate under a different restaurant entity; no royalty fess will be due.



There is great value in leasing under these terms, Current rent in retail centers in the area are upwards of $30 per SF plus NNN.



Asking $50,000.00
Uses
Specialpurpose

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Georgia Watson, Yellowtail Commercial Realty