Franchise Pie/Eatery Business

Not Disclosed, MI
Oakland County


Asking Price: Annual Revenue:
$150,000 $1,150,820

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Franchise Pie/Eatery Business Broker: Inquiry
Owner Financing is Available!
Seller financing available with $75,000 down payment.

Quick Facts

Asking Price: $150,000
Annual Revenue: $1,150,820
Net Profit: Not Disclosed
Cash Flow: $64,549
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: 7
BBN Listing #: 77892679
Broker Reference #: B2610

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Business Overview:

This is a great franchise opportunity for someone looking to become an entrepreneur in the food/baking business. This business has been established since 2009 and the current owner has owned it since 2012. It is located in a busy plaza in Oakland County near many malls and other shopping centers.

Fantastic online reputation shows for the outstanding work the owner and team do at this location for its customers. They offer a wide variety of fresh ready to eat pies, while also tending to the lunch and dinner rushes. The sales for 2019 were $1,150,820 and in 2020 they did $675,989 while being closed for a few months due to the pandemic. They also have many wholesale customers who keep them busy with constant demand for pies. The 2021 numbers are back on track to the 2019 year with the remainder quarters left in the year. The fourth quarter is where the business sees a huge upswing due to the seasonality of pie demands from customers. The business is subscribed to the major online ordering apps and thriving during the pandemic.Royalty fees are 5% and 1% for marketing.

This business has a large kitchen with state of the art equipment and 6 ovens. The back of the kitchen is where the majority of the pie making happens while the front tends to the lunch and dinner orders. The kitchen has a large hood to accommodate the large flat top grill. Multiple prep stations and working counter space. This business also comes with a delivery van to use for the wholesale customers. A new owner can bring in more wholesale customers and offer their unique food creations to push the sales to even greater heights.

Get into this business now and take advantage of the 4th quarter benefits.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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