Profitable Sub Franchise
Listing Price: $249,999
- Asking Price: $249,999
- Gross Revenue: $643,841
- FF&E: $110,000
- Inventory: $15,000
- Rent: $3,111
- Established: 2012
Business Description
Turn-Key in a Busy Downtown
This popular franchise is located downtown on the first floor in a beautiful corner building. Multiple businesses are in the building, and 70% of the sales are during lunch hours. A patio area is also available. The business has been there since 2012, and the current owner is absent due to running other businesses. 2023 sales were $643,841, and with a new operator, the numbers should continue to grow.
The base rent is $3,111 for 2,247 sqft ($1,250 for utilities and $521 for common area maintenance, totaling $4,882).
Franchise Fees:
Royalty: 6%
National advertising: 4%
Local advertising: 1%-2%
Detailed Information
Location: Ingham County, MI
Inventory: Inventory is not included in the asking price.
Real Estate: N/A
Building SF: 2247
Lease Expiration: 2029-04-13
Employees: 3FT / 7PT
Facilities: This 2,247-square-foot business is located on the 1st floor in a busy downtown. The restaurant is turn-key, and a patio area is also available.
Competition: Normal competition for a downtown.
Growth & Expansion: A new owner can grow the business by being a full-time operator.
Financing: Cash or Bank Financing
Support & Training: The franchise will provide training.
Reason for Selling: Other business interests
Lease Info: The base rent is $3,111 for 2,247 sqft ($1,250 for utilities and $521 for common area maintenance, totaling $4,882).
- Listing ID: 54477
- BizBuySell ID: 2265467
