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
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