Business Summary:
This franchise produces and distributes fresh specialty food products. The business sells products through a network of independent distributors, which it has the right to appoint anywhere in the state of Michigan. The product is unique, in high demand and generates a very high percentage of repeat business. The franchisor handles all the details such that a buyer with no prior knowledge or training in food production can make it successful.
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| Year
Business was Established: 2003 |
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| Number of Employees:
30 FT |
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| Facilities / Terms of Lease:
Building and equipment all new in late 2005. Building square footage is 12,300 with a base rent of $5087 per month. |
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| Potential
Growth/Expansion:
Opportunities for growth and expansion in Michigan are still huge despite the soft economy in the state. The Detroit market alone has the potential to grow 50-100%. The addition of one or more sub-markets in the state (e.g. Lansing, Grand Rapids, Saginaw/Bay City/Midland, Kalamazoo, etc.) could increase sales by an additional 25-40% per year. The addition of home shipping to distant and/or rural area in the territory could add an additional 10% annually. |
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| Competition:
This business' product is far superior to all other competitors. The product is prepared fresh and delivered to the customer fresh, whereas competitors resort to frozen, dried or canned product. The product has broad consumer appeal and a very high percentage of repeat business. |
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| Owner
willing to finance:
Negotiable |
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| Owner
willing to train:
Sellers will train for 30 days at no charge. Franchisor also provides assistance. Within the business, the manager in charge of plant production is very knowledgeable and would like to remain in place. |
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| Reason for selling:
The owner is moving out of state. |
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Seller Reference Number: DETROMI001325
BusinessMart.com Listing Number: 58484 |
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