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Accommodation & Food Services

Franchise Burger Restaurant

Ingham County, MI, USA
Updated 1 day ago
Established 2021

This is a great opportunity to own a well-established, high-volume Franchise Burger Restaurant with a Class C Liquor License in Ingham County. Established in 2021 and occupying 4,600 square feet, this bar and restaurant is located on a highly traveled road surrounded by strong commercial businesses and dense residential neighborhoods. Approximate build-out cost of $750k with every aspect of this establishment being custom made and tastefully decorated. All equipment is in excellent condition and maintained regularly. The menu features gourmet sliders, burgers, specialty cocktails, craft beers, appetizers, desserts, and so much more. Current owner does minimal advertising, a new owner/operator with some creative advertising/marketing along with adding local corporate and catering accounts, networking with local event centers & directors, and better utilizing the banquet room, you have HUGE potential. A must-see business that will not last long! Turn-key operation only needing a new owner/operator! Seller will train and entertain all reasonable offers! This is a proven franchise concept with an established brand and loyal customer base! Royalty Fee: 5%

Rent

$5,501.33 NNN

Royalty Fee

5%

Down Payment

$150,000

Lease Period

2031

Reference Code

0834

Inventory Value

$12,000

Monthly Payment

$5,439.59

License Required

Sales, Class C, Franchise

Hours Of Operation

7 Days / 11am-2am

Employees Full Time

6

Employees Part Time

15

Interest Rate / Amortization

8% int., amortized over 84 months

Reason for Selling

Corporate Store

Financials

Asking Price
$499K
RevenueMost Recent Year
$1.3M
Earnings (SDE)Last Reported
$175K
Assets Value
Undisclosed
Seller Financing
Not available

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