For Sale
$249,999

Profitable Sub Franchise Dansville, MI 48819

Profitable Restaurant, Downtown Location

Overview

Added:
Dec 11, 2024
Days on market:
127
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%.

Highlights

  • Location: Dansville, MI (Ingham County)
  • 2,247 SF Restaurant Space: First-floor corner unit in a busy downtown area with a patio.
  • Lease Expiration: April 13, 2029 (approx. 4.7 years remaining)
  • Staffing: 3 full-time, 7 part-time employees
  • Turnkey Operation: Established in 2012, generating $643,841 in gross revenue in 2023.
  • Market Competition: Normal for a downtown location.

Property Details for 0 Profitable Sub Franchise

Property type
Retail properties, Restaurants
Square Feet
2,247 SF
Year Built
2012

Location Insight

City
Dansville
County
Ingham
State
Michigan
Latitude
42.5461033
Longitude
-84.2910759
Profitable Sub Franchise, Dansville, Michigan

FAQs

What type of property is this?
Retail property - Profitable Restaurant, Downtown Location
Where is the retail property located?
The property is located at Profitable Sub Franchise Dansville, MI.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: Location: Dansville, MI (Ingham County); 2,247 SF Restaurant Space: First-floor corner unit in a busy downtown area with a patio.; Lease Expiration: April 13, 2029 (approx. 4.7 years remaining)
How can I contact the broker?
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