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Business For Sale
TWO FRANCHISE FAMILY RESTAURANTS
Attn:
Don McKnight
Southeast Michigan, MI, USA
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Listing Number: "DETROMI001356"
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Listing
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Asking Price: |
$825,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Moving out of the area. |
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Year Established:
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2004 |
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# of Employees:
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101 |
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Yearly Revenues:
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$1,929,238 |
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Yearly Cash Flow:
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$179,650 |
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Yearly Gross Income:
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$1,929,238 |
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Monthly Payroll:
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$41,000 |
Business for Sale Overview:
Two franchise family style restaurants in prime locations available for acquisition. These restaurants are highly rated. This purchase includes the exclusive right to open up to six additional restaurants within three Michigan counties.
Property Features and Assets:
Two locations with equipment, inventory, furnishings, and extensive leasehold improvements valued at $893,000 Location #1: 3000+ sq. st. leased at a rate of $7584 per month with three 5 yr. options. #2: 3000+ sq. ft. leased space for $8750 per month with major anchor store.
Market Competition and Expansion:
No direct competition to these high end family restaurants. This agreement allows for six additional stores to open within 3 counties.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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