• 10685 Big Bend Rd, Riverview, FL 33579

For Sale

Special Purpose

For Sale

This property is available for sale
2,210
SF
$50,000
Sale Price
  • Year Built
    1965
  • Overview

    Business located on Big Bend Road in Riverview. 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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Property Details

Business For Sale: Peck's Flame Broiled Chicken

Business located on Big Bend Road in Riverview. 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

  • Property Type
    Special Purpose
  • Submarket
  • Year Built
    1965
  • Sale Price
    $50,000
  • Total Building Size
    2,210RSF
  • Sale Status
    Available
  • Property ID
    2168361

Landlord's Sales Representative

  • Georgia Watson
    YELLOWTAIL COMMERCIAL REALTY