business for sale · 2000-2010 census, 2017 estimates with 2022 projections calculated using...

Franchise Pizzeria Livingston County, MI

Business For Sale

Disclosure: We obtained this information from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions , prior sale, lease of financing or withdrawal without notice. We include projections , opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You, and your tax and legal advisers, should conduct your own investigation of the business or property, and transaction.

Summary:• Greatopportunitytobeapartofafast-growingPizzaFranchise!• Turn-keybusinesswithallthenecessaryequipmentandfacilities• Locatedneardowntownarea.Endunitwithroadfrontage.• Thisfranchiseoffersgreatselectionofpizza,subs,andsalads.

LocationsCommercialRealEstateServices32000NorthwesternHighway,Ste.275FarmingtonHills,MI48334

248- 516-7777 www.LocationsMI.com

Contact:

NadirJiddouDirect:248-798-5210Email:[email protected]

• Asking: $109,999


Details:

• The1,000SFendunitwithroadfrontageislocatednearadowntownarea.

• Grosssalesfor2016were$474,111.

• Furniture,fixturesandequipmentincludedinaskingprice.

• Trainingisdonelocallyandusuallytakesabout4to6weeks,dependingonexperience.

• Transferfeeis$5,000,andincludesthetraining.

• Franchisefeesare5%forRoyaltiesand3%forMarketing.

• Asking:$109,999


Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 1 of 5©2017, Sites USA, Chandler, Arizona, 480-491-1112

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EXPANDED PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 42.5353/-83.7840RF5

1 mi radius 3 mi radius 5 mi radius

PopulationEstimated Population (2017) 4,185 28,875 52,617Projected Population (2022) 4,400 30,038 54,583Census Population (2010) 4,129 28,278 50,878Census Population (2000) 3,817 26,895 47,001Projected Annual Growth (2017 to 2022) 215 1.0% 1,163 0.8% 1,966 0.7%

Historical Annual Growth (2010 to 2017) 56 0.2% 597 0.3% 1,739 0.5%

Historical Annual Growth (2000 to 2010) 312 0.8% 1,383 0.5% 3,877 0.8%

Estimated Population Density (2017) 1,333 psm 1,022 psm 670 psm

Trade Area Size 3.14 sq mi 28.26 sq mi 78.51 sq mi

HouseholdsEstimated Households (2017) 2,175 12,022 20,928Projected Households (2022) 2,349 12,799 22,198Census Households (2010) 2,095 11,407 19,600Census Households (2000) 1,828 10,243 17,104Estimated Households with Children (2017) 390 17.9% 3,286 27.3% 6,113 29.2%

Estimated Average Household Size (2017) 1.86 2.38 2.50

Average Household IncomeEstimated Average Household Income (2017) $71,916 $101,037 $107,036Projected Average Household Income (2022) $87,851 $125,541 $134,034

Estimated Average Family Income (2017) $89,088 $116,699 $122,714

Median Household IncomeEstimated Median Household Income (2017) $60,336 $87,921 $93,328Projected Median Household Income (2022) $71,084 $102,428 $108,634

Estimated Median Family Income (2017) $79,838 $105,756 $109,564

Per Capita IncomeEstimated Per Capita Income (2017) $37,581 $42,127 $42,627Projected Per Capita Income (2022) $47,081 $53,550 $54,561Estimated Per Capita Income 5 Year Growth $9,500 25.3% $11,423 27.1% $11,934 28.0%

Estimated Average Household Net Worth (2017) $475,732 $781,770 $836,190

Daytime Demos (2017)Total Businesses 673 2,063 2,630Total Employees 6,651 19,658 25,184Company Headquarter Businesses 4 0.7% 11 0.5% 16 0.6%

Company Headquarter Employees 127 1.9% 553 2.8% 721 2.9%

Employee Population per Business 9.9 9.5 9.6Residential Population per Business 6.2 14.0 20.0



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Lat/Lon: 42.5353/-83.7840RF5


Race & EthnicityWhite (2017) 3,966 94.8% 27,692 95.9% 50,601 96.2%Black or African American (2017) 39 0.9% 188 0.7% 330 0.6%American Indian or Alaska Native (2017) 21 0.5% 100 0.3% 162 0.3%Asian (2017) 50 1.2% 320 1.1% 559 1.1%Hawaiian or Pacific Islander (2017) 2 - 6 - 11 - Other Race (2017) 37 0.9% 131 0.5% 200 0.4%Two or More Races (2017) 71 1.7% 437 1.5% 753 1.4%

Not Hispanic or Latino Population (2017) 4,056 96.9% 28,149 97.5% 51,423 97.7%Hispanic or Latino Population (2017) 129 3.1% 726 2.5% 1,193 2.3%Not Hispanic or Latino Population (2022) 4,248 96.5% 29,193 97.2% 53,197 97.5%Hispanic or Latino Population (2022) 152 3.5% 845 2.8% 1,386 2.5%Not Hispanic or Latino Population (2010) 4,022 97.4% 27,689 97.9% 49,929 98.1%Hispanic or Latino Population (2010) 107 2.6% 589 2.1% 948 1.9%Not Hispanic or Latino Population (2000) 3,764 98.6% 26,530 98.6% 46,453 98.8%Hispanic or Latino Population (2000) 53 1.4% 366 1.4% 548 1.2%Projected Hispanic Annual Growth (2017 to 2022) 23 3.5% 119 3.3% 193 3.2%Historic Hispanic Annual Growth (2000 to 2017) 77 8.6% 361 5.8% 645 6.9%

Age Distribution (2017)Age Under 5 168 4.0% 1,255 4.3% 2,259 4.3%Age 5 to 9 Years 155 3.7% 1,406 4.9% 2,689 5.1%Age 10 to 14 Years 168 4.0% 1,789 6.2% 3,459 6.6%Age 15 to 19 Years 179 4.3% 1,811 6.3% 3,529 6.7%Age 20 to 24 Years 343 8.2% 1,755 6.1% 3,031 5.8%Age 25 to 29 Years 338 8.1% 1,514 5.2% 2,427 4.6%Age 30 to 34 Years 279 6.7% 1,412 4.9% 2,362 4.5%Age 35 to 39 Years 211 5.0% 1,401 4.9% 2,564 4.9%Age 40 to 44 Years 204 4.9% 1,606 5.6% 3,026 5.8%Age 45 to 49 Years 218 5.2% 2,046 7.1% 3,888 7.4%Age 50 to 54 Years 265 6.3% 2,398 8.3% 4,559 8.7%Age 55 to 59 Years 278 6.7% 2,486 8.6% 4,758 9.0%Age 60 to 64 Years 273 6.5% 2,247 7.8% 4,259 8.1%Age 65 to 74 Years 368 8.8% 3,099 10.7% 5,845 11.1%Age 75 to 84 Years 392 9.4% 1,771 6.1% 2,783 5.3%Age 85 Years or Over 346 8.3% 879 3.0% 1,180 2.2%Median Age 46.0 45.5 45.4

Gender Age Distribution (2017)Female Population 2,243 53.6% 14,685 50.9% 26,451 50.3%

Age 0 to 19 Years 317 14.1% 3,038 20.7% 5,779 21.8%Age 20 to 64 Years 1,211 54.0% 8,424 57.4% 15,418 58.3%Age 65 Years or Over 715 31.9% 3,224 22.0% 5,254 19.9%

Female Median Age 52.3 47.4 46.4

Male Population 1,942 46.4% 14,190 49.1% 26,166 49.7%Age 0 to 19 Years 353 18.2% 3,224 22.7% 6,156 23.5%Age 20 to 64 Years 1,198 61.7% 8,442 59.5% 15,455 59.1%Age 65 Years or Over 391 20.1% 2,524 17.8% 4,554 17.4%

Male Median Age 39.8 43.6 44.3



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Lat/Lon: 42.5353/-83.7840RF5


Household Income Distribution (2017)HH Income $200,000 or More 130 6.0% 1,312 10.9% 2,380 11.4%HH Income $150,000 to $199,999 90 4.1% 1,165 9.7% 2,288 10.9%HH Income $100,000 to $149,999 295 13.6% 2,344 19.5% 4,559 21.8%HH Income $75,000 to $99,999 308 14.2% 1,924 16.0% 3,305 15.8%HH Income $50,000 to $74,999 392 18.0% 1,816 15.1% 3,082 14.7%HH Income $35,000 to $49,999 293 13.4% 1,369 11.4% 2,207 10.5%HH Income $25,000 to $34,999 265 12.2% 847 7.0% 1,285 6.1%HH Income $15,000 to $24,999 201 9.3% 626 5.2% 950 4.5%HH Income Under $15,000 201 9.2% 618 5.1% 873 4.2%

HH Income $35,000 or More 1,508 69.3% 9,931 82.6% 17,820 85.1%HH Income $75,000 or More 823 37.9% 6,746 56.1% 12,532 59.9%

Housing (2017)Total Housing Units 2,281 12,537 21,862Housing Units Occupied 2,175 95.3% 12,022 95.9% 20,928 95.7%

Housing Units Owner-Occupied 1,065 49.0% 9,595 79.8% 17,834 85.2%Housing Units, Renter-Occupied 1,110 51.0% 2,427 20.2% 3,094 14.8%

Housing Units, Vacant 106 4.7% 515 4.1% 934 4.3%

Marital Status (2017)Never Married 1,227 33.2% 6,547 26.8% 11,054 25.0%Currently Married 1,436 38.9% 13,421 55.0% 25,857 58.5%Separated 96 2.6% 303 1.2% 638 1.4%Widowed 404 10.9% 1,580 6.5% 2,433 5.5%Divorced 530 14.4% 2,574 10.5% 4,228 9.6%

Household Type (2017)Population Family 2,620 62.6% 24,002 83.1% 45,417 86.3%Population Non-Family 1,429 34.1% 4,603 15.9% 6,834 13.0%Population Group Quarters 136 3.3% 270 0.9% 366 0.7%

Family Households 932 42.9% 8,065 67.1% 15,113 72.2%Non-Family Households 1,243 57.1% 3,957 32.9% 5,816 27.8%Married Couple with Children 224 15.6% 2,468 18.4% 4,819 18.6%Average Family Household Size 2.8 3.0 3.0

Household Size (2017)1 Person Households 1,075 49.4% 3,389 28.2% 4,931 23.6%2 Person Households 640 29.4% 4,377 36.4% 7,982 38.1%3 Person Households 215 9.9% 1,705 14.2% 3,071 14.7%4 Person Households 174 8.0% 1,625 13.5% 3,112 14.9%5 Person Households 55 2.5% 673 5.6% 1,279 6.1%6 or More Person Households 16 0.7% 253 2.1% 553 2.6%

Household Vehicles (2017)Households with 0 Vehicles Available 208 9.6% 530 4.4% 725 3.5%Households with 1 Vehicles Available 805 37.0% 3,102 25.8% 4,780 22.8%Households with 2 or More Vehicles Available 1,161 53.4% 8,390 69.8% 15,423 73.7%

Total Vehicles Available 3,482 23,871 43,711Average Vehicles Per Household 1.6 2.0 2.1



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Lat/Lon: 42.5353/-83.7840RF5


Labor Force (2017)Estimated Labor Population Age 16 Years or Over 3,660 24,039 43,432Estimated Civilian Employed 2,236 61.1% 15,179 63.1% 27,226 62.7%Estimated Civilian Unemployed 83 2.3% 682 2.8% 1,246 2.9%Estimated in Armed Forces - - - - - - Estimated Not in Labor Force 1,342 36.7% 8,177 34.0% 14,959 34.4%Unemployment Rate 2.3% 2.8% 2.9%

Occupation (2010)Occupation: Population Age 16 Years or Over 2,251 15,189 27,178Management, Business, Financial Operations 395 17.6% 2,667 17.6% 4,866 17.9%Professional, Related 508 22.6% 3,813 25.1% 6,885 25.3%Service 357 15.8% 2,109 13.9% 3,613 13.3%Sales, Office 565 25.1% 4,125 27.2% 7,188 26.4%Farming, Fishing, Forestry - - 4 - 18 0.1%Construct, Extraction, Maintenance 147 6.5% 1,032 6.8% 1,996 7.3%Production, Transport Material Moving 280 12.4% 1,440 9.5% 2,612 9.6%

White Collar Workers 1,468 65.2% 10,605 69.8% 18,938 69.7%Blue Collar Workers 783 34.8% 4,584 30.2% 8,239 30.3%

Consumer Expenditure (2017)Total Household Expenditure $121 M $847 M $1.55 B

Total Non-Retail Expenditure $65.5 M 54.1% $463 M 54.7% $846 M 54.7%Total Retail Expenditure $55.6 M 45.9% $384 M 45.3% $700 M 45.3%

Apparel $4.21 M 3.5% $29.7 M 3.5% $54.2 M 3.5%Contributions $5.28 M 4.4% $41.4 M 4.9% $76.2 M 4.9%Education $4.45 M 3.7% $34.4 M 4.1% $63.5 M 4.1%Entertainment $6.77 M 5.6% $48.1 M 5.7% $88.0 M 5.7%Food and Beverages $17.7 M 14.6% $121 M 14.2% $219 M 14.2%Furnishings and Equipment $4.17 M 3.4% $30.3 M 3.6% $55.6 M 3.6%Gifts $3.00 M 2.5% $22.8 M 2.7% $41.9 M 2.7%Health Care $9.79 M 8.1% $64.7 M 7.6% $117 M 7.6%Household Operations $3.41 M 2.8% $25.9 M 3.1% $47.7 M 3.1%Miscellaneous Expenses $1.80 M 1.5% $12.1 M 1.4% $22.0 M 1.4%Personal Care $1.57 M 1.3% $10.9 M 1.3% $19.9 M 1.3%Personal Insurance $887 K 0.7% $6.82 M 0.8% $12.6 M 0.8%Reading $273 K 0.2% $1.90 M 0.2% $3.46 M 0.2%Shelter $25.1 M 20.7% $176 M 20.7% $321 M 20.7%Tobacco $745 K 0.6% $4.55 M 0.5% $8.14 M 0.5%Transportation $22.9 M 18.9% $157 M 18.5% $286 M 18.5%Utilities $9.13 M 7.5% $60.1 M 7.1% $109 M 7.0%

Educational Attainment (2017)Adult Population Age 25 Years or Over 3,172 20,858 37,650Elementary (Grade Level 0 to 8) 39 1.2% 114 0.5% 193 0.5%Some High School (Grade Level 9 to 11) 199 6.3% 766 3.7% 1,100 2.9%High School Graduate 739 23.3% 4,617 22.1% 8,091 21.5%Some College 766 24.2% 4,642 22.3% 8,577 22.8%Associate Degree Only 207 6.5% 1,717 8.2% 3,224 8.6%Bachelor Degree Only 804 25.4% 5,667 27.2% 10,457 27.8%Graduate Degree 417 13.1% 3,335 16.0% 6,008 16.0%



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Lat/Lon: 42.5353/-83.7840RF5


Units In Structure (2010)1 Detached Unit 1,011 48.3% 8,703 76.3% 16,509 84.2%1 Attached Unit 267 12.8% 1,064 9.3% 1,488 7.6%2 to 4 Units 61 2.9% 267 2.3% 384 2.0%5 to 9 Units 175 8.3% 252 2.2% 321 1.6%10 to 19 Units 295 14.1% 431 3.8% 495 2.5%20 to 49 Units 153 7.3% 282 2.5% 305 1.6%50 or More Units 131 6.2% 269 2.4% 302 1.5%Mobile Home or Trailer 52 2.5% 644 5.6% 966 4.9%Other Structure 47 2.3% 119 1.0% 120 0.6%

Homes Built By Year (2010)Homes Built 2005 or later 4 0.2% 15 0.1% 125 0.6%Homes Built 2000 to 2004 419 20.0% 1,885 16.5% 3,477 17.7%Homes Built 1990 to 1999 306 14.6% 2,960 26.0% 5,235 26.7%Homes Built 1980 to 1989 273 13.0% 1,552 13.6% 2,734 14.0%Homes Built 1970 to 1979 457 21.8% 2,684 23.5% 4,626 23.6%Homes Built 1960 to 1969 163 7.8% 911 8.0% 1,525 7.8%Homes Built 1950 to 1959 324 15.5% 1,050 9.2% 1,454 7.4%Homes Built Before 1949 220 10.5% 821 7.2% 1,468 7.5%

Home Values (2010)Home Values $1,000,000 or More 7 0.7% 78 0.9% 168 1.0%Home Values $500,000 to $999,999 58 5.6% 668 7.3% 1,092 6.5%Home Values $400,000 to $499,999 26 2.5% 459 5.0% 963 5.8%Home Values $300,000 to $399,999 78 7.5% 1,464 16.0% 3,040 18.2%Home Values $200,000 to $299,999 244 23.5% 3,238 35.5% 6,669 40.0%Home Values $150,000 to $199,999 390 37.6% 1,869 20.5% 3,090 18.5%Home Values $100,000 to $149,999 140 13.5% 901 9.9% 1,478 8.9%Home Values $70,000 to $99,999 77 7.5% 329 3.6% 454 2.7%Home Values $50,000 to $69,999 14 1.4% 79 0.9% 119 0.7%Home Values $25,000 to $49,999 14 1.4% 144 1.6% 203 1.2%Home Values Under $25,000 24 2.3% 368 4.0% 515 3.1%Owner-Occupied Median Home Value $203,481 $238,152 $246,952Renter-Occupied Median Rent $831 $829 $857

Transportation To Work (2010)Drive to Work Alone 1,877 86.3% 12,926 87.0% 23,555 87.2%Drive to Work in Carpool 138 6.3% 884 5.9% 1,519 5.6%Travel to Work by Public Transportation - - 41 0.3% 88 0.3%Drive to Work on Motorcycle 1 - 10 0.1% 21 0.1%Walk or Bicycle to Work 64 3.0% 188 1.3% 277 1.0%Other Means 8 0.4% 83 0.6% 116 0.4%Work at Home 87 4.0% 732 4.9% 1,447 5.4%

Travel Time (2010)Travel to Work in 14 Minutes or Less 581 27.8% 3,431 24.3% 5,497 21.5%Travel to Work in 15 to 29 Minutes 473 22.7% 3,510 24.8% 6,377 24.9%Travel to Work in 30 to 59 Minutes 886 42.4% 5,843 41.3% 10,872 42.5%Travel to Work in 60 Minutes or More 219 10.5% 1,635 11.6% 2,970 11.6%Average Minutes Travel to Work 27.9 28.5 30.0

business for sale · 2000-2010 census, 2017 estimates with 2022 projections calculated using...

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