Dairy Queen Grill & Chill-PENDING

File# C2541
Location: North Oakland County
Business Price: $400,000
Down Payment: $200,000
Monthly Payment:$3,866.56
Interest Rate: 6%
Amortization Period:60 months
Gross Sales: $910,459
Source: 2018 Tax Return
Cash Flow: $83,640
Source: Seller
Inventory: $18,000 +/-
Days Open: 7 days
Business Hours: 10:30am-10:00pm
Seats: 70
Parking: Ample
Licences Required:Sales, Tax, Serve Safe
Year Established:1989
Year Acquired: 1989 - rebuilt in 2003
Monthly Rent:$3,866.56

Profile:

Are you looking for an established franchise with a strong cash flow?  This is your opportunity to acquire an existing, recently renovated Dairy Queen Grill & Chill for a fraction of what it will cost to acquire and build out a new one. This store offers proven, consistent sales and profits. A perfect opportunity for an owner/operator or family run business.  The store does well with a manager, but a hands on owner-operator would typically do even better. Located in Oakland County, in a quintessential historical town that caters to its families, very active with family events and a great neighborhood for growing families.  Dairy Queen offers an efficient, easy to learn operating system and an excellent training program. Owner also provides training and is available for a smooth transition.   Transfer fee: $4,632. Training duration and location: 2-3 weeks based on actual store locations and availability. Royalty Fee 4% royalty, Marketing Fee 5-6% . Sales: 40% food, 60% ice cream.  Operating capital: $25,000.  Net worth: 50% of purchase price or $75,000.  Liquidity: 25% of purchase price or $30,000. Call to make your appointment today.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.