Samuel Mancino's Italian Eatery

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Business Description

Priced to sell! Here is an opportunity to own your own cash flowing Italian restaurant franchise. Seven years in this location shows profitability in a proven system of standards, recipes and marketing.

-Cash flowing Fast Casual Italian Restaurant
-Great traffic count on main road.
-Good lunch and business dinner
-Solid Franchise with 7 year history in this location
-Signed Non-Disclosure Agreement required to view financials. Please contact listing broker for details.

Real estate is not included in the sale.

About the Business

Year Established:
2011
Number of Employees:
10
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,000
Facilities:
2000 sf in retail center along high-traffic corridor.
Website:
samuelmancinos.com/
Market Outlook/
Competition:
Town is home to Central Michigan University, Mid-Michigan Community College and two health/hospital centers. Several competitors serving Pizza, Grinders, and Italian Food.
Growth & Expansion:
New owner could improve profit margin through increased sales and tighter cost controls of key categories. Business has shown profitable years.
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About the Sale

Reason For Selling:
Seller is pursuing new opportunities.
Training/Support:
Franchisor offers management, training, support, and mentoring.
Seller Financing:
N/A

Listing Info

ID:
1528974
Ad Detail Views:
1373

Attached Files Attachment Disclaimer

  NDA for Broker (142 KB)
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Asking Price:
$49,900

Gross Revenue:
$400,834
Cash Flow:
$17,936
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,000
not included in asking price

FF&E:
$10,000
included in asking price

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Business Listed by

Kathy DeVries

Keller Williams Commercial
License# 6501371906

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U.S. Census Data for Isabella County, MI
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Isabella County, MI
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Source: American Community Survey (2010-2014), United States Census Bureau.

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