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Franchised Sushi Bar - $150,000

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Posted : Tuesday, July 16, 2024 11:32 PM

Buy this sushi franchise in a large 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 road construction.
The road construction ended recently.
It is currently operated by two partners and the net profit is high.
You can still earn six figures by hiring 1-2 staff and your working hours will be flexible.
This is a real turnkey business.
The seller will provide 1-week training and the franchise will provide another 1-week training.
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 cost dropped in 2023 due to a new supplier.
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!

• Phone : NA

• Location : Auburn Hills,MI

• Post ID: 9008766684


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