Established Sub Franchise in Lansing, MI - $174,999 - Prime Downtown Location
Executive Overview
Key Investment Highlights
- •Established franchise since 2012
- •Prime downtown corner location with high foot traffic
- •70% of sales occur during lunch hours
- •Spacious 2,247 sqft with a patio area
- •2023 sales reached $643,841
Situated on the first floor of a beautiful corner building, this franchise benefits from a vibrant location surrounded by various businesses. The current owner is absentee due to other business commitments, presenting a unique opportunity for a dedicated operator to take charge and drive further growth. The business has demonstrated consistent performance, with a strong lunch hour customer base and a strategic downtown location that provides significant visibility and foot traffic.
Financial details reveal an attractive business model with monthly rent of $4,882, including utilities and common area maintenance. Franchise fees are competitive, comprising a 6% royalty, 4% national advertising, and 1%-2% local advertising. The robust 2023 sales of $643,841 indicate substantial revenue potential and room for expansion under motivated new ownership.