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29875427

00000 Gratiot Avenue

AH
MI 6502373151
Milestone Real Estate Company
Listed by Milestone Real Estate Company
$549,000
104 days on market
Updated 56 days ago
Details
Property Type Business for Sale
NOI $137,077
Lease Type Gross
Remaining Term 14
Year Built 2024

Business for Sale

Marketing description

Milestone Real Estate Company is pleased to present a rare opportunity to acquire a dual-branded Cinnabon + Auntie Anne’s franchise located in Macomb County, Michigan, operating within a major nationally anchored retail environment. This is a newly constructed 2024 buildout with all new equipment, a stable operating history, and a manager-run, semi-absentee structure.

Investment highlights

  • Dual-branded, nationally recognized franchise concepts: Cinnabon + Auntie Anne’s
  • Brand-new buildout (2024); possession taken November 2024; opened Black Friday 2024
  • All equipment purchased new (2024)
  • Steady performance and consistent growth since opening (no spike-and-drop pattern)
  • Manager operates ~90% of day-to-day operations
  • Low turnover and stable workforce
  • 14 years remaining on lease
  • Gross lease: $1,000/month all-in (no NNN/CAM)
  • Semi-Absentee Operation!
  • Asking Price: $600,000
  • Sale Structure: Asset sale (franchise transfer subject to franchisor approval)
  • Franchise Approval: Required; estimated approval timeline ~60 day

Listing Contacts

AH
MI 6502373151
Milestone Real Estate Company
Listed by Milestone Real Estate Company

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$137,076.86
$11,423.07/mo

Valuation Metrics

0
DSCR
24.97%
Cap Rate
24.97%
ROI

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