Profitable Sub Franchise Dansville, MI 48819

Property Details for 0 Profitable Sub Franchise

Year built

2012

Property size

2,247 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This established restaurant sub-franchise in Dansville, Michigan presents a compelling investment opportunity. Located in a bustling downtown area on the first floor of a corner building, this 2,247 square-foot space boasts a desirable patio area. The business, established in 2012, generated $643,841 in gross revenue in 2023, with 70% of sales occurring during peak lunch hours. The current owner is selling due to other business interests, presenting a chance for a new operator to significantly increase profitability through full-time management. The lease expires April 12, 2029, offering a remaining term of approximately 4.7 years. Monthly rent is $3,111, with additional costs of $1,250 for utilities and $521 for common area maintenance, totaling $4,882. The asking price is $249,999, and includes $110,000 in furniture, fixtures, and equipment (FF&E). Inventory is available for an additional $15,000. The franchise offers support and training, and financing options include cash or bank financing. The current operational structure includes 3 full-time and 7 part-time employees. Normal competition exists for a downtown location. Royalty fees are 6%, with national advertising at 4% and local advertising at 1-2%.

Location Insight

City

Dansville

County

Ingham

State

Michigan

Longitude

-84.2911

Latitude

42.5461