Turnkey Eatery in Wayne
For Sale
Contact for pricing
1234 Plymouth, Livonia, MI 48185
Profitable, established Beyond Juicery + Eatery franchise in Wayne County.
Property Size1,610 SF
Price / SF$279.44
Days on Market179
Property Features for 1234 Plymouth
General Information
Standard status
Active
Size
1,610 SF
Class
A
Property subtype
Business for Sale, Retail
Zoning
Commercial
Net Operating Income
$1.00
Building Details
Year Built
2023
Stories
1
Units
1
Listing Agency:
New Michigan Realty
(248) 756-2833
Listed By:
Joe Tinpan · License #6506049115
Source:
Crexi
Added: Feb 23
Changed: Aug 7
Last Checked: Aug 20 at 4:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Michigan Realty
Investment Insights
Based on property information with market context.
This turnkey Beyond Juicery + Eatery franchise location is for sale. It is situated in a high-traffic suburban area of Wayne County, Michigan. The business has a loyal customer base and consistently delivers strong revenue with growth potential. The landlord has agreed that the current owner has permission to install a drive-thru window. A new gym is opening soon in the same center. The business has consistent topline performance with healthy margins driven by recurring local demand for plant-forward foods, cold-pressed juices, and wellness-focused menu offerings. It is located in a desirable shopping center with high visibility, abundant parking, and strong daytime and weekend foot traffic. The operation is fully operational with trained staff, proven operating procedures, and established vendor relationships. The menu resonates with today’s wellness trends, from fresh juices and smoothies to nutrient-dense bowls and grab-and-go options. There is potential to expand with a drive-thru, corporate wellness partnerships, and local marketing programs to further increase sales. The property is ideal for an owner-operator or strategic investor seeking a recession-resilient business with a strong community presence and a focus on health and wellness. The property size is 1610 square feet.
Key Highlights
- Established, Profitable Business: Turnkey Beyond Juicery + Eatery with consistent revenue and healthy margins.
- Prime Location: High‑traffic Wayne County shopping center with excellent visibility and ample parking.
- Drive‑Thru Potential: Landlord approval to install a drive‑thru window for increased revenue.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,866
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$417,320
$417.3K
Cap Rate 7%
$298,086
$298.1K
Cap Rate 9%
$231,844
$231.8K
Market Conditions
NOI Build-Up for 1,610 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$29.0K $18.00/SF
− Vacancy
−$1.2K −$0.72/SF
EGI
$27.8K $17.28/SF
− OpEx
−$7.0K −$4.32/SF
NOI
$20.9K $12.96/SF
Area
Wayne County, MI
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$417,320
Cap Rate 7%
$298,086
Cap Rate 9%
$231,844
Alternative Uses
Best Use
Specialty Retail
$298.1K
$260.8K – $347.8K
NOI $20,866 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Dining 31%
Marathon Petroleum
Shops & Services
10,180 visits/mo
0.1 miles
Arby's
Dining
6,757 visits/mo
0.2 miles
Mobil
Shops & Services
6,215 visits/mo
BP
Shops & Services
6,180 visits/mo
0.1 miles
Public Service Credit Union
Shops & Services
5,915 visits/mo
0.4 miles
Demographics for 48185, MI
49,730
Population
23,554
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
91%
High-School Grad
12.2 sq mi
ZIP Area
4,076
Density / Sq Mi
$59,085
Median Household Income
$40,435
Median Earnings
$1,123
Median Rent
$183,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Profitable, established Beyond Juicery + Eatery franchise in Wayne County.
Where is this conventional restaurant located?
The property is located at 1234 Plymouth Livonia, MI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Established, Profitable Business: Turnkey Beyond Juicery + Eatery with consistent revenue and healthy margins.; Prime Location: High‑traffic Wayne County shopping center with excellent visibility and ample parking.; Drive‑Thru Potential: Landlord approval to install a drive‑thru window for increased revenue.
