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Business For Sale

Profitable Perkins Franchise in Recreational Area

Upper Midwest, MI, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$500,000
$1,081,460
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2006
20
31222468
Owner Financing is Available
Negotiable to qualified buyer

Business for Sale Overview:

This Perkins is located right off a busy highway and amongst many large hotels with a total of 600 rooms to offer. It is just a few years old and is decorated to display the history of the local area. There are 5218 sq ft of space in the restaurant and room for 71 cars in the parking lot. There are 18 full and part time employees and 2 full time managers. The business is open seven days/ week from 7 AM until midnight. There is a nice bar as well. Included with this sale is the inventory, and furnishings, fixtures, and equipment. A mutually agreeable lease for the property can be worked out with the present owner.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Building is beautifully decorated with the local theme, and has nice signage in front to attract attention from the 30,000 cars that pass by every day. It is upscale and has several levels to sit and enjoy a meal. There is a large 2 story stone fireplace burning in the winter months to promote warmth and coziness to patrons. There is of course a Perkins bakery which offers the usual tasty treats, as well as a nicely appointed bar.

Market Competition and Expansion:

There are many professionals in this county seat, so proper marketing could add more business meetings. Otherwise, there are 600 hotel rooms in the vicinity and many hungry mouths to feed.

Reason for Selling:

Wants to focus on other investments

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist 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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