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Business For Sale

TWO FRANCHISE FAMILY RESTAURANTS

Attn: Don McKnight
Southeast Michigan, MI, USA
Listing Number: "DETROMI001356"
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Asking Price: $825,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Moving out of the area.
Year Established: 2004
# of Employees: 101
Yearly Revenues: $1,929,238
Yearly Cash Flow: $179,650
Yearly Gross Income: $1,929,238
Monthly Payroll: $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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