Turnkey, easy to operate and profitable sushi busiess.
Asking Price: | $140,000 |
Gross Revenue: | $462,925 |
Established Year: | 2016 |
Cash Flow: | $191,256 |
Rent: | $3,500/Month |
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!
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