This popular restaurant is strategically located in a central Michigan college town. This business has been a staple in the community for many years, the original building was built in 1954. They have built a loyal customer base by providing personalized service and quality food options. The drive-thru offers convenience for their local and traveling customers. This business has proven to be pandemic proof; sales have grown due to the pandemic!
This restaurant is an independent franchise of a major, well-known brand. This franchise is well managed, profitable, and located in a high traffic area of town with 11,000 vehicles passing by daily! There are hundreds of locations within the United States and many more worldwide. This brand has been well established, reaching their 100th year in 2019.
After serving the community for many years the owners are planning to retire. They are leaving the restaurant with a self-directed staff, which will allow for a smooth transition with new ownership.
Details
2020 Revenue: $743,417
2020 SDE: $222,733
Employees: 10-15 part-time, plus the owners
Facility & Real Estate: 751 SF Building on .451 Acres
Investment Highlights:
Growth Opportunities:
Support & Training: Owner is willing to assist the new buyer
Reason for Selling: Retirement