Description
This is one out of five sub businesses that the current seller owns. Combo report sales for 2022 were $262,808. This is a great opportunity in South-Eastern Michigan and only being sold due to the owner looking to retire after 30+ years with the franchise. These stores are set up for success and ready for a new owner to take over and continue its great legacy.
This franchise has lease terms on this 2,496 square foot space with rent at just $2,995 a month, including all CAMS, taxes, and insurance. The lease is good until 2026 with options to renew. The location can seat up to 30 customers.
Staffing includes full & part-time employees and a general manager of 25 years. All stores include all the equipment needed to operate the business, including multiple ovens and freezers, cold well/sandwich units with day covers, fountain machines, storage shelving units, brand signage, logos, and much more!
The training & transfer fee is $7,500. Marketing is just 4.5%, and royalties of 8%.remaining term of the franchise agreement and the training the brand provides to ensure the highest operational standards. Marketing is just 4.5%, and royalties of 8% prove to be no problem with sales as high as these stores see.
Get More InfoBusiness Overview
| Revenue | $262,808 |
| Cash Flow | TBD |
| Inventory | $5,000 +/- |
| Year Established | 1994 |
| Seller Financing | Yes |
| Employees | 1FT 5PT |
| Asking Price | $100,000 |
Key Statistics
- Hours of Operation: Mon - Sun 9am-9pm
- Employees: 1 Full Time 5 Part Time
- Year Established: 1994
- Year Acquired: 1994
- Liscence Required: Franchise, Sales and Heath Dept
- Seats: 30 +/-
- Parking: Ample
Financial Information
- Gross Sales: $262,808
- Source: Seller Provided Financials
- Cash Flow: TBD
- Source: Seller Provided Financials
- Inventory Value: $5
Seller Financing
- Business Price: $100,000
- Down Payment: $35,000
- Monthly Payment: $1,977
- Interest Rate: 6%
- Amortization Period: 36
Location
- Monthly Rent: $2,995
- Lease Terms: Lease Expires: 10/31/2026 with option to renew
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Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.