Franchise Burger Restaurant

Reference Code 0834

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%

Business Location Ingham County, MI

Gross Sales $1,333,550 Cash Flow $174,686 Business Price $499,000 Down Payment $150,000 Monthly Payment $5,439.59 Interest Rate / Amortization 8% int., amortized over 84 months License Required Sales, Class C, Franchise Inventory Value $12,000 Employees Full Time 6 Employees Part Time 15 Date Established 2021 Hours of Operation 7 Days / 11am-2am Rent $5,501.33 NNN Lease Period 2031 Reason for Sale Corporate Store