Dairy Queen Franchise For Sale - South Haven, Michigan
Dairy Queen Franchise for sale in the South Haven, Michigan region for $205,000! Established franchise opportunity, currently grossing an estimated $358,309 and nets $56,304 as an owner/ operator. This restaurant seats 76 inside and 78 on the outdoor deck. This is a tourist town on Lake Michigan and the restaurant is seasonal opening from March to November. There is huge growth potential for this store. The previous management were only opening the doors 2:30pm to 8:30pm, 6 days a week instead of 11am -10pm, 7 days a week. This is a well established restaurant in a great location in the downtown area. This is a great opportunity to purchase a fully built out store. The ground work has already been done! New owner will need to be approved by the franchisor. Some financing available for buyers who qualify for a revolving credit line through our third party source. Apply Here
Frequently Asked Questions:   Price: $205,000   Cash Flow: $56,304   Financing: No   Listing: Inactive
What is the current gross revenue for this restaurant? The total current gross revenue being generated is estimated at $358,309.
How does the restaurant profit? Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant? There is no seller financing. However, if financing is needed for startup cost you can review additional Financing Options Here.
What is required in order to qualify for purchase? Typically, most franchise restaurants will have liquidity and net worth requirements (to be determined on an individual basis by franchisor), require the buyer to attend an interview for approval, background check, and in most cases, require you to form an entity such as an LLC or Corporation to purchase. This not only protects the company, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What are my expenses and overhead for a restaurant business? Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: royalties, payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and liability insurance. Expenses are estimated to be $302,005 per year. (Note: Expenses represent a cash purchase and do not account for finance payments if requiring a loan to purchase).
Is the restaurant property owned or leased? The seller owns the property and a new lease agreement will be required. There is also the opportunity to purchase the real estate as well.
Where is the restaurant located? Located in the South Haven, Michigan region. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale? Current list of equipment includes: soft serve machine, blizzard machines, display cake freezer, ice cream topping cabinets, ice maker, reach-in freezer, cone racks, drink dispenser, freezers, walk-in freezer, fryers, charbroil grill, bun warmer, topping warmer and much more.
How many customers can this restaurant seat? This restaurant can seat 76 inside and 78 on the deck.
Does this restaurant currently have a beer or liquor license? No, there is no beer or liquor license included with this sale.
Does the restaurant offer drive-thru or delivery service? There is no drive-thru or delivery service offered.
How long has the seller owned the restaurant? Seller has owned this restaurant for 31 years.
Why is the owner selling? Owner is retiring.
What are the hours of operation? This restaurant is operated from 11am to 10pm, Monday - Sunday.
What else should I know? A great opportunity to own an existing franchise. This location has a great reputation and brand recognition, offering burgers, chicken, salads and ice cream desserts. Priced to sell at $205,000. For additional information and to evaluate this business further Contact Us About This Restaurant Here!
Disclaimer: Restaurants For Sale is a Restaurant Broker that brings buyers and sellers together. Restaurants For Sale does not represent, or is not affiliated with the company or franchise being offered. All agreements are made between the buyer and seller and not Restaurants For Sale. It is the prospective Buyer's duty and obligation to verify the accuracy of the Sellerís representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the efforts of the current owner. As with any business you can make more or less.