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Tuesday, October 21, 2014

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Popeyes Chicken Located in Brooklyn, NY

-Absentee Ownership -Long lease and franchise agreement, no immediate remodel -EBITDA/NET 15% -Buyer got cold feet, back on the market. Contract ready to be executed for WILLING & and QUALIFIED buyers only -All negotiations and due diligence has been done by the previous buyer. He backed out due to inexperience and confidence. -Priced to sell at $375,000 (no negotiations whatsoever).


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