20 IHOP Restaurants - Cash Flow of $3.6Million *** AMERICAN ICON IN BREAKFAST *** $ For 54 years, the IHOP family restaurant chain has served our world famous pancakes and a wide variety of breakfast, lunch and dinner items that are loved by people of all ages — offering an affordable, everyday dining experience with warm and friendly service. $ As of 2015, there were 1,650 IHOP restaurants in 50 states and the District of Columbia, as well as in Bahrain, Canada, Dubai (UAE), Guatemala, Kuwait, Mexico, Puerto Rico, Saudi Arabia, The Philippines and the U.S. Virgin Islands. $ Under the licensed name IHOP at HOME® consumers can also enjoy a line of premium breakfast products available at leading retailers. IHOP restaurants are franchised and operated by Glendale, California-based International House of Pancakes, LLC and its affiliates. International House of Pancakes, LLC is a wholly-owned subsidiary of DineEquity, Inc. (NYSE: DIN). $ Owner Franchisee of 20 IHOPs finally decides to retire. . Portfolio includes 20 IHOP restaurant operations. It also includes 2 fee simple properties, where 3 of IHOPs are located and one IHOP real estate building with land-lease rights, housing one of 20 IHOP. . Please send in inquiry to receive an Nondisclosure and Confidentiality Agreement . Once NDA is filled and signed, more detailed information shall be shared. $ Owner has spent $728,482, $692,579, and $656,553 in Capital Expenditure of Remodelling during the year 2011, 2012 and 2013 respectively. . Cash Flow is after the remodeling has been expended. If you were to add the CapEx $, the cash flow is about Three Millions $3,000,000.
Traverse City, MI
A rare opportunity to own a very profitable restaurant in Traverse City. Perfect for a hands on owner or limited involvement investor. A $550,000 investment yields cash flow of over $100,000 with room to grow. Qualified purchasers can receive more information by contacting James Taylor at DGN CPA, 415 Munson Ave, #201, Traverse City, MI 49686. 231 946-1722, email@example.com
Traverse City, MI
This Enrolled Agent, Tax and Accounting practice we have listed for sale is located in Traverse City, Michigan and has gross revenues of approximately $115,000. The clients included in this sale are a high-quality and well-established group composed primarily of businesses and business owners. The fee structure for the work is strong and there is at least one knowledgeable staff member who would transfer with the clients to help facilitate a smooth transition, if desired. This client base would make the perfect-sized starter practice for any experienced accountant or a profitable addition to another local firm in the area with the capacity and desire to expand.
Traverse City, MI
24 year-old National Franchise Learning Center, a center with a history of consistent revenue attractive to an owner operator. Sales holding strong at 285k with owner benefits of $92k. Franchisor recently launched multi-million dollar digital platform (huge opportunity to expand business with this proprietary platform). This location is an extra large territory. The seller use to have a second bricks and mortar location with additional $300k in sales; opportunity to open satellite in Petoskey with a history of interested customers, also a chance to live in beautiful Northern Michigan and easily bring back $100-$200k in additional sales.
Traverse City, MI
After a great run of nearly 20 years the founder/owner/seller of this well established overhead door company has decided to sell and retire. The attractive and successful business is located in the highly desirable and rapidly growing Grand Traverse region of northern Michigan. With sales of nearly $1,400,000 and an average discretionary cash flow of $156,000 over the last four years, the business is being offered for $595,000. 2015 first quarter results show the company performing at record levels for profitability. The business comes with all of the furniture, fixtures equipment and tools and a fleet of well-maintained vehicles. Inventory, which fluctuates with customer deposits, must be purchased separately. The very attractive 7,200 sq. ft. building that houses the shop and showroom was designed and built specifically for the business. The real estate is available for lease or may be purchased separately. The business has nine experienced and loyal employees, including a full time sales person. The business which provides sales, installation and service keeps normal business hours of 8:00 A.M. – 5:00 P.M., Monday – Friday. The split between Residential, Commercial and Parts & Service is approximately 40/30/30. The company has a terrific reputation acquired over decades of satisfying customers, and it now services hundreds of accounts within a 50 mile radius of home base. The company has a huge data base of residential and commercial customers and builders. In addition, the company boasts an attractive and active website which is included in the sales price. This business has it all: a great and lengthy history of success; solid cash flow; excellent technicians; great lines; and a spectacular location.
SBA loan possible for qualified buyers. This marina is located on the south shore of Betsie Lake and is situated on some of the most beautiful and desirable lakefront property in the Midwest. The five acre property has over 700' ft. of lake frontage and is approximately 1/4 mile from Lake Michigan, which by water is about a 7 minute cruise. This Marina is well protected and does not get any surge from lake Michigan as other marinas on Betsie Bay. The Marina also provides laundry, showers, and restroom facilities for all of its guests. This full service marina includes 92 floating and stationary docks, a gas dock with two storage tanks (2,000 and 6,000 gallon capacities), and a 17,550 sq. ft. all steel construction storage facility with 30' ceilings. The 30 ton boat hoist with travel is capable of handling boats up to 45' in length, the only marina on Betsie Lake with this capability. The business comes with a long list of machinery, equipment, and tools as well. The town of Elberta is located on the South Shore of Betsie Lake, which is the outlet of the Bestie River feeding into Lake Michigan. Located in the Northwest portion of the lower peninsula of Michigan, it is a fast growing region of the country. The growth in population is primarily due to the expanding community of active retired people that are dual residents - spending spring, summer and fall in Michigan and wintering in a warmer climate state. This Property is within a 10 min walk to the Shores of Lake Michigan / Bluffs over looking Lake Michigan. Property is also Located within a 15 min drive to Traverse City and also the Airport
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