Aaron Dunham
Ada, MI (USA)
Role(s):
Founder/Owner/Principal
C & A Management Inc.
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Startup
Location:
Ada
Industry:
Food Service/Restaurant
Year Founded:
2012
Number Employees:
10-50 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
We are in search of an "Angel/Silent Investor" that is interested in the Food Industry specifically the franchise protected food industry. My wife and I are in communication with Jimmy John's Sandwich company. There are a few location in Michigan that are still available for new franchise. We are both succesful in our current careers but also know that the only real way to increase our income and net worth significantly is to provide our own income. Both areas that we are interested in are high traffic volume vacation areas that also have a good community with every day traffic as well. We would be seeking an initial investment of $600k-$1M.
According to JJ's financial facts and figures the average JJ's franchise produces $1,263,172 in gross annual sales with an average food and paper cost of 26.11% and an average net profit of $281,278 annually. With these averages we figure that we could turn an angel investors original investment into a 15%-30% ROI with a 2%-3% simple annualized ROI over a 10yr-15yr contract.
If this opportunity is one that you would like to know further information on please contact me via email to start communication.