Franchise for Sale in Booming College Town - Mega Brand is a Winner!

Holland, MI (Ottawa County)

We Sell Restaurants- Michigan Restaurant Brokers
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Asking Price: $149,995

Cash Flow: ($484)

Gross Revenue: $382,002

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,305 /Month

Established: 2016

Franchise for Sale in Booming College Town - Mega Brand is a Winner!

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Business Description

Almost $400,000 in sales last year alone can be improved with engaged owner oper

Buy this turn-key, fully-equipped franchise for sale in a lakeside Michigan suburb. National brand in a college town is priced to move by multi-unit owners who have more stores than time! Almost $400,000 in sales last year alone can be improved upon with engaged owner operator in the market.
Walk into this fully functional franchise for sale and forget the headaches, time constraints and money to build a store from scratch. Easy to operate, this franchise for sale is in a tranquil and gorgeous suburb approximately 30 minutes from Grand Rapids. This location is a prime area, right next to a university, several local schools, shops and more! Holland Michigan is home to multiple college campuses including Davenport University, Hope College and Grand Valley State University. College students love fast casual brands and this is a college favorite.
This franchise for sale offered by We Sell Restaurants is featured on a corner, which allows traffic from both intersecting streets to pull into your newest venture. Not to mention, you have zero competition for almost 30 miles each way. With 33,000 residents, your customer base is almost 100% locked down.
Be business for yourself but not by yourself with top training and support from a national brand. Don't learn on your own when you have a mega brand providing more than six weeks of training in a nearby market along with support, marketing and more.You get the power and prestige of a powerhouse brand named to the Entrepreneur Franchise 500 by Entrepreneur Magazine and named to the Best U.S. Restaurants 2018. This franchise for sale ranked among America's Best Customer Service 2019 list for Fast Casual this year.
This franchise for sale is not only a great opportunity in terms of equipment and location, but the lease terms are also great! For only $4,300 you get 2050 square feet of pure profit. That also includes CAMS, taxes AND insurance! The lease has a term of 10 years with 7 remaining. If you decide to stay when the lease is over, you also have the option to renew for 5 years - which has been previously guaranteed by the landlord! You cannot find better security than that!
Royalty of 6% and marketing of 4% provide you with the full benefit of the brand and national ads. This location is not producing to its full potential today but the owners have two other units where they invest their time. Sales for the last year of operations were nearly $400,000 with little to no marketing and local engagement by the owners.

Detailed Information

Real Estate:
Leased
Building SF:
2,050
Lease Expiration:
1/1/2026
Employees:
14-17
Facilities:
FURNITURE 52 red chairs 26 Dalmation table tops Two rolling garbage bins Desk Chair 70in LED television 65in LED television 1 hot sauce rack EQUIPMENT Tea and coffee machine 8 Steamers 1 Cookie oven 1 Conveyor toaster 1 Three door make table 1 Two door make table 1 All purpose food warmer 1 Two door cooler 1 FHS display cooler 2 RTG POS systems 3 Kitchen printers 5 Stainless kitchen tables 1 Three compartment sink 1 Walk in cooler 1 Desk printer 1 RTF Back of house computer 1 Video surveillance system 1 Wired audio system 1 Hoshizaki ice maker 1 BIZERBA auto slicer 5 stainless kitchen tables 1 One door make table 1 Two door make table 1 Hobart XL conveyor toaster 3 Steamers 2 RTG pos systems 1 Kitchen printer 1 RTG credit card reader 1 Cup organizer 3 Chip racks 1 FAST TRACK drive thru timer 1 3m Communication hub 3 3m Communication headsets 1 3m Headset charger 3 Monitor screens 3 Rolling storage racks 16 Hanging wall racks 1 Nine bin locker 1 walk in freezer 1 exterior access Co2 tank
Competition:
Growing and heavily populated area with a fantastic corner location Store is in excellent condition and it is one of the more popular ones in the area
Growth & Expansion:
Expansion opportunity available for those who want to buy more units Great location that is growing with a population of over 33 000
Support & Training:
Local and corporate
Reason for Selling:
Relocation
Franchise:
This business is an established franchise
Business Website:
http://https://www.wesellrestaurants.com
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Robin Gagnon

Business Listed By:
Robin Gagnon

We Sell Restaurants

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The Georgia Association of Business Brokers (GABB).


Sponsoring Broker:
Eric Gagnon

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