Buy this sushi franchise in a large grocery store in Oakland County, Michigan. This is your opportunity to get a national franchise that is best in class!
This store was established in 2016 and the sales are quite stable with annual sales around $600K from 2017 to 2019! The annual sales dropped to $450- $500K after Covid due to inflation and cos of supplies. The data is full year 2022. In 2023, the first 3 quarters’ sales dropped by 7.7% , but Q2-2024 sales increased by 3.2% from Q2-2023. It was previously operated by two partners and the net profit was high. The current owner took over at the end of March-2024 and has kept the positive sales trend.
This is a real turnkey business. Training will be provided. The training program will prepare you to operate every facet of the store. The franchise charges 10% of sales as a royalty and the store charges 29.5% of sales to cover rental, utility, POS, most supplies, equipment, maintenance etc. The major extra cost is raw materials - about 16% of sales in 2022. The costs dropped in 2023 due to more suppliers.There is almost no competition and the current owner does not advertise. You may attract more customers through advertising. Don’t miss this great opportunity!
Listing Number:
Category:
Location:
SOLD
Financial Information:
Gross Revenue:
Listed Price:
Total Adjusted Net Income:
Equipment / Fixtures:
Year Established:
General Location:
Hello World
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read First Choice Business Broker, Terms of Use before responding to any ad.
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We will get back to you as soon as possible.
Please try again later.
By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice
Very profitable and turnkey Sushi bar
Location: Southern Oakland County, Michigan
Buy this sushi franchise in a large grocery store in Oakland County, Michigan. This is your opportunity to get a national franchise that is best in class!
This store was established in 2016 and the sales are quite stable with annual sales around $600K from 2017 to 2019! The annual sales dropped to $450- $500K after Covid due to inflation and cos of supplies. The data is full year 2022. In 2023, the first 3 quarters’ sales dropped by 7.7% , but Q2-2024 sales increased by 3.2% from Q2-2023. It was previously operated by two partners and the net profit was high. The current owner took over at the end of March-2024 and has kept the positive sales trend.
This is a real turnkey business. Training will be provided. The training program will prepare you to operate every facet of the store. The franchise charges 10% of sales as a royalty and the store charges 29.5% of sales to cover rental, utility, POS, most supplies, equipment, maintenance etc. The major extra cost is raw materials - about 16% of sales in 2022. The costs dropped in 2023 due to more suppliers.There is almost no competition and the current owner does not advertise. You may attract more customers through advertising. Don’t miss this great opportunity!
Listing Number:
Category:
Location:
Southern Oakland County, Michigan
Ciro 'Vic' Coppola
Office: (702) 368-2500 | Cell: (725) 233-3333
License #: BS.0146004
Financial Information:
Gross Revenue
$462,925
Listed Price:
$140,000
Lease Information:
Square Feet:
1500
Total Rent:
$0
Lease Expiration:
N/A
Lease Options:
N/A
Asset Information:
Leasehold Improvements:
$0
Equipment / Fixtures:
$0
Additional Information:
Full-Time Employees:
1
Part-Time Employees:
0
Training Period:
20
Reason for Selling:
Owner unabe to hire nd working alone
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read First Choice Business Broker,
Terms of Use before responding to any ad.
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