• Listing ID: 1282680
  • (Seller ref: 36621)

Profitable Family Style Franchise Restaurant In Michigan For Sale


Location:
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Asking price:
$1,250,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$1,418,280
Cash flow:
$156,808
Years established:
1990
Employees:
42


1/3


This well established franchised family style restaurant has been in operation since 1990 and owned by the second generation since 2008. They have been serving the community with fresh wholesome food and wonderful family atmosphere with a huge repeat customer base. The restaurant offers the customer a wide variety of food items from their menu. All of their dishes are made fresh to order. From breakfast, appetizers, soups and salads, burgers, sandwiches, dinner favorites and desserts, they serve it all! Name, recognition, reputation, profitability, established patronage, growth capabilities, diversity, location, and priced to sell – all of these attributes make this offering a sound venture for the fortunate party who acquires it.

Business Details
The corporations strategy focuses on maintaining their excellent reputation and superior customer service in their local market. Each employee must have the skill, courtesy, and warmth, creating a trusting impression on all customers, thus establishing loyalty and return visits. Their staff is highly trained in product knowledge and selling fundamentals and techniques, stressing the importance of add-on sales. The corporation has a fixed 6% franchise fee. 2% of this fee is dedicated to the advertising of the franchise store. After years of hard work and loyal customers standing true throughout the years, the current owners are ready to see a new owner take it to the next level. Call today about this family friendly restaurant!

Products and Services Offered
Restaurant, family style. From breakfast to desserts 364 days a year. All items are served at all times.

Equipment and inventory are included in the sale.


Real Estate:
Lease
Premises details:
Since this is a franchise operation the property will be leased to a new owner. There is a 4000 sq. ft. building on 2/3 acres. The building is in good condition and located downtown in an excellent location.

Expansion potential:
This is a profitable location even during a slow economy. 2 active owners would greatly enhance profitability.
Competition / Market:
They are recognized for their good reputation, reliability, delicious foods, family friendly atmosphere and customer service.
Support & training:
Owner's wish to retire but will stay on for a reasonable time to acclimate new owner to the business.
Trading hours:
Days: Mon-Sun
Hours: 7am-10pm. Summer hours are extended until 11pm.
Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$217,500 (included in the asking price)
Inventory / Stock value:
$13,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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