Franchised Panera-like Restaurant
Central Macomb County, Michigan (Macomb County)
Food and Beverage - Restaurants
Seller Financing Available
Asking Price:   $409,000Inventory:   $8,000 **
Gross Revenue:   $775,000Real Estate:   n/a
Cash Flow:   $77,458FF&E:   $325,000 ++
++ included in the asking price         ** not included in the asking price
Here's a fantastic opportunity to enter a sgment of the restaurant business that's growing. The franchise restaurant has a similar line of food to Panera, including specialty sandwiches, soups, and made to order entree's. They also specialize in both retail and wholesale baking of a specialty all-American product that originated in Michigan. This product can be found in Kroger and other supermarkets around the area. Retail sales are up over 2008 and they continue to add wholesale accounts. The sellers need to concentrate on family and health issues which are forcing the sale. The business is well established with a loyal following and is profitable.
About the Business
Year Established:2006
Employees:4 full time - 4 part time
Franchise:Yes
Facilities:Beautiful and well designed in excellent condition. 2,500 sf plus additional storage. High visibility from a major 7-lane road with hundreds of thousands of cars per week.
Market Outlook and Competition:Always competition in the restaurant business however this business offers a unique and highly valued specialty food that all Americans enjoy. Sales are up over 2008 and the business is solid. This is not a distress sale.
About the Sale
Reason For Selling:Change of life style.
Seller Financing:Possible but would require a substantial down payment.

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Business Listed By
Jay Houghton  |  Royal Oak Business Brokers
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