$55,000.00
This is a fully equipped fried chicken and hamburger restaurant operation located on the first floor of a student dormitory in State College, Pennsylvania. The establishment occupies 1,800 square feet with 24 indoor seats and benefits from consistent student foot traffic due to its strategic dormitory placement.
The business operated under a national franchise system with an initial investment of $35,000 in franchise rights and training, which included proprietary recipes and supply chain access. The franchise agreement no longer requires transfer fees or ongoing obligations, providing operational flexibility for menu modifications and business strategy.
In 2023 and 2024, the seller completed approximately $80,000 in equipment purchases and facility renovations, with all assets maintained in excellent condition. The operation demonstrated strong financial performance with annual sales of $377,000 and an adjusted net profit exceeding $127,000. The business model required minimal staffing of 2-3 employees and maintained low operational complexity.
Cessation of operations happened in Sep-Nov 2025 resulted from an owner’s unexpected international emergency rather than performance-related issues. But it is reopened in December 2025. The lease terms remain favorable at $2,890 gross monthly rent for the 1,800 square foot space.
Operational advantages include established recipes, proven supply chain relationships, competitive market positioning against two local competitors, and low skill requirements for staff management. The location provides expansion opportunities through enhanced marketing initiatives, menu diversification, and potential catering services development.
This turnkey acquisition includes all equipment, franchise recipes, supply chain access, and an established customer base within the State College market. The asset package represents a complete restaurant operation ready for immediate deployment by qualified buyers.
| Asking Price | $55,000 |
|---|---|
| Down Payment | $55,000 |
| Location | Centre County, PA |
| Revenue | $377,601 |
| Cash Flow | $127,405 |
| Year Established | 2023 |
| Year Acquired | 2023 |
| Space (SFT) | 1,800 |
| Monthly Rent | $2,900 |
| FF&E | $40,000 |
| Inventory | $5,000 |
| FT employee | 4 |
| Training | 2 weeks |
All information in this document was provided by the Seller. Golden Bridge Business Advisors (GBBA) has not independently verified any financial, operational, or other data, and makes no representations or warranties regarding its accuracy or completeness.
The Buyer/User is solely responsible for conducting their own due diligence, including verifying revenues, expenses, profits, records, and all aspects of the business operations. GBBA urges all Buyers to seek independent legal, accounting, and professional advice before proceeding with a purchase.
By accepting this document, the Buyer/User agrees that all information is strictly confidential and may not be shared with any third party without written authorization.
GBBA has not performed any independent investigation, appraisal, or validation of the Seller’s statements or projections.
Any modification to the information contained herein is valid only with written approval from both the Seller and GBBA. Unauthorized changes are not effective.
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