Top Rated Chicken Shack in the area

Homewood, IL

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Asking Price: $499,999

Cash Flow: $56,000

EBITDA: $56,000

Down Payment: N/A

Gross Revenue: $745,304

FF&E: $150,000

Real Estate: N/A

Inventory: $17,500

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Listing Summary

Situated on a well traveled thoroughfare Partner dispute has forced the sale of this icon of Chicago's south side chicken world. Every order is made from scratch which delivers uneatable taste. It takes longer but worth the wait.

Business Description

Menu includes: Chicken, fish, combos, fries , appetizers, and great desserts. Yelp reviews give it a 4.2 star rating, in a tough chicken market.

On-line ordering ap. and daily specials, help to keep clients coming back


Historical Summary

Harold’s Chicken Shack (also referred to as The Fried Chicken King, Harold’s Chicken, or simply Harold’s) was originally developed by Harold Pierce, a Chicago entrepreneur, in 1950.

Harold’s Chicken is known both for its uniquely prepared chicken and for the unique experience upon entering one of the restaurants. Over 50 years later Harold’s remains a staple in Chicago

Reason for Selling:

Partner settlement dispute

Support & Training:

Owners will stay on for 2 weeks to train

Competition:

Misc fast food

Potential Growth:

Catering

Financing/Terms:

No



Location

Monthly Rent:

$3,400

Square Footage:

1390

Type of Location:

strip mall

Facilities:

Very clean 1390 sq. ft. facility, with wall decorations of local sports and events. Seating for about 15, but main business is carryout.



Operation

Year Established:

2010

Last Acquired:

2010

Days & Hours of Operation:

Sun-Thurs 11:00 a.m. till 10:00 p.m Fri & Sat 11:00 a.m. till 12:00 p.m.

Employees:

9

Contact:

Don Krause