Turnkey, easy to operate and profitable sushi busiess.

Royal Oak, MI
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Asking Price:$140,000
Gross Revenue:$462,925
Established Year:2016
Cash Flow:$191,256
Rent:$3,500/Month
BUSINESS DESCRIPTION

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!


DETAILED INFORMATION
Location
Royal Oak, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Employees
1
Reason for Selling
Owner working alone and unable to hire.
Franchise
This business is an established franchise
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Jeffrey
Ye
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Jeffrey Ye