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Businesses for Sale: Listing Details

 
TWO FRANCHISE FAMILY RESTAURANTS
Seller: Attn: Don McKnight
Location: Southeast Michigan, MI, USA
Listing Number: "DETROMI001356"


Asking Price: $825,000 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Moving out of the area.
Year Established: 2004
Number of Employees: 101
Yearly Revenue: $1,929,238
Yearly Cash Flow: $179,650
Yearly Gross Income: $1,929,238
Monthly Payroll: $41,000

Overview:
Two franchise family style restaurants in prime locations available for acquisition. These restaurants are highly rated. This purchase includes the exclusive right to open up to six additional restaurants within three Michigan counties.

Property Features and Assets:
Two locations with equipment, inventory, furnishings, and extensive leasehold improvements valued at $893,000 Location #1: 3000+ sq. st. leased at a rate of $7584 per month with three 5 yr. options. #2: 3000+ sq. ft. leased space for $8750 per month with major anchor store.

Market Competition and Expansion:
No direct competition to these high end family restaurants. This agreement allows for six additional stores to open within 3 counties.

Additional Details:

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