business for sale - locations services · 2017-04-13 · 2000-2010 census, 2016 estimates with 2021...

Wireless Franchise Store - Westland, MI (Wayne County)

Business For Sale

Disclosure: We obtained the information above 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 your tax and legal advisors should conduct your own investigation of the property and transaction.

Summary:• Oneofthefastest-growingwirelessbrands.• ThislocationisauthorizedtosellAppleproducts.• Newerstorewithroomtogrow.• Lowoverhead+steadilyincreasingsales=hugepotential!• Asking:$59,999

LocationsCommercialRealEstateServices32000NorthwesternHighway,Ste.275FarmingtonHills,MI48334Office:(248)516-7777

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

Wireless Franchise Store Westland, MI

Details:

• Joinoneofthefastest-growingwirelessbrandsinthecountrybybecominganauthorizeddealer.

• ThisFranchiseisknownforofferingno-annual-contract,andunlimitedwirelessservicetocustomerssince2002.

• Businesshasbeensteadilyincreasingoverthepastsixmonths,withgrosssalesforMarch2017totaling$14,344.

• WiththelowoverheadcostandgreatrebateprogramwiththeFranchise,sellerisbringinghomeabout$4,000.00 per month.

• AuthorizedAppledealer.

• Sellerfinancingavailable.

• Atthispricethislocationwillnotlastlong.

• Asking:$59,999


Demographic Source: Applied Geographic Solutions 10/2016, TIGER Geography page 1 of 5©2017, Sites USA, Chandler, Arizona, 480-491-1112

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EXPANDED PROFILE2000-2010 Census, 2016 Estimates with 2021 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 42.3099/-83.4237RF5

1 mi radius 3 mi radius 5 mi radius

PopulationEstimated Population (2016) 10,476 97,916 232,065Projected Population (2021) 10,109 94,324 223,011Census Population (2010) 10,768 99,764 236,580Census Population (2000) 9,750 98,683 234,006Projected Annual Growth (2016 to 2021) -367 -0.7% -3,592 -0.7% -9,054 -0.8%

Historical Annual Growth (2010 to 2016) -292 -0.5% -1,848 -0.3% -4,515 -0.3%

Historical Annual Growth (2000 to 2010) 1,018 1.0% 1,081 0.1% 2,573 0.1%

Estimated Population Density (2016) 3,336 psm 3,465 psm 2,956 psm

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

HouseholdsEstimated Households (2016) 4,131 41,897 96,489Projected Households (2021) 4,110 41,542 95,470Census Households (2010) 4,080 40,943 94,462Census Households (2000) 3,587 40,187 92,167Estimated Households with Children (2016) 1,362 33.0% 12,685 30.3% 30,179 31.3%

Estimated Average Household Size (2016) 2.51 2.32 2.39

Average Household IncomeEstimated Average Household Income (2016) $74,569 $70,127 $73,529Projected Average Household Income (2021) $85,763 $81,323 $85,242

Estimated Average Family Income (2016) $88,515 $84,758 $88,611

Median Household IncomeEstimated Median Household Income (2016) $66,519 $59,595 $63,034Projected Median Household Income (2021) $73,237 $66,212 $70,322

Estimated Median Family Income (2016) $81,517 $75,723 $79,774

Per Capita IncomeEstimated Per Capita Income (2016) $29,466 $30,052 $30,622Projected Per Capita Income (2021) $34,929 $35,863 $36,544Estimated Per Capita Income 5 Year Growth $5,463 18.5% $5,811 19.3% $5,922 19.3%

Estimated Average Household Net Worth (2016) $441,812 $428,685 $470,315

Daytime Demos (2016)Total Businesses 248 3,184 8,754Total Employees 2,753 38,963 106,673Company Headquarter Businesses 1 0.5% 8 0.3% 38 0.4%

Company Headquarter Employees 41 1.5% 467 1.2% 6,951 6.5%

Employee Population per Business 11.1 12.2 12.2Residential Population per Business 42.2 30.8 26.5



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Lat/Lon: 42.3099/-83.4237RF5


Race & EthnicityWhite (2016) 7,438 71.0% 68,012 69.5% 166,495 71.7%Black or African American (2016) 1,496 14.3% 16,604 17.0% 39,926 17.2%American Indian or Alaska Native (2016) 23 0.2% 362 0.4% 777 0.3%Asian (2016) 1,168 11.1% 9,365 9.6% 16,864 7.3%Hawaiian or Pacific Islander (2016) 1 - 20 - 63 - Other Race (2016) 102 1.0% 889 0.9% 1,924 0.8%Two or More Races (2016) 249 2.4% 2,665 2.7% 6,014 2.6%

Not Hispanic or Latino Population (2016) 10,102 96.4% 94,125 96.1% 223,483 96.3%Hispanic or Latino Population (2016) 374 3.6% 3,791 3.9% 8,582 3.7%Not Hispanic or Latino Population (2021) 9,676 95.7% 89,983 95.4% 213,091 95.6%Hispanic or Latino Population (2021) 433 4.3% 4,342 4.6% 9,919 4.4%Not Hispanic or Latino Population (2010) 10,438 96.9% 96,393 96.6% 229,114 96.8%Hispanic or Latino Population (2010) 330 3.1% 3,371 3.4% 7,465 3.2%Not Hispanic or Latino Population (2000) 9,518 97.6% 96,276 97.6% 228,946 97.8%Hispanic or Latino Population (2000) 232 2.4% 2,407 2.4% 5,061 2.2%Projected Hispanic Annual Growth (2016 to 2021) 60 3.2% 551 2.9% 1,337 3.1%Historic Hispanic Annual Growth (2000 to 2016) 141 3.8% 1,384 3.6% 3,521 4.3%

Age Distribution (2016)Age Under 5 691 6.6% 6,361 6.5% 14,845 6.4%Age 5 to 9 Years 668 6.4% 6,033 6.2% 14,793 6.4%Age 10 to 14 Years 710 6.8% 6,342 6.5% 15,434 6.7%Age 15 to 19 Years 681 6.5% 5,997 6.1% 14,332 6.2%Age 20 to 24 Years 686 6.5% 6,855 7.0% 14,864 6.4%Age 25 to 29 Years 821 7.8% 7,875 8.0% 16,819 7.2%Age 30 to 34 Years 719 6.9% 6,888 7.0% 15,471 6.7%Age 35 to 39 Years 770 7.3% 6,514 6.7% 15,018 6.5%Age 40 to 44 Years 697 6.6% 6,432 6.6% 15,448 6.7%Age 45 to 49 Years 732 7.0% 6,505 6.6% 16,175 7.0%Age 50 to 54 Years 685 6.5% 6,591 6.7% 16,290 7.0%Age 55 to 59 Years 797 7.6% 6,603 6.7% 16,206 7.0%Age 60 to 64 Years 682 6.5% 6,022 6.2% 14,592 6.3%Age 65 to 74 Years 722 6.9% 7,616 7.8% 18,914 8.2%Age 75 to 84 Years 272 2.6% 3,397 3.5% 8,659 3.7%Age 85 Years or Over 144 1.4% 1,886 1.9% 4,205 1.8%Median Age 35.9 36.5 37.5

Gender Age Distribution (2016)Female Population 5,427 51.8% 50,840 51.9% 120,245 51.8%

Age 0 to 19 Years 1,342 24.7% 11,982 23.6% 28,954 24.1%Age 20 to 64 Years 3,437 63.3% 31,229 61.4% 72,698 60.5%Age 65 Years or Over 648 11.9% 7,629 15.0% 18,592 15.5%

Female Median Age 36.8 38.0 38.8

Male Population 5,049 48.2% 47,076 48.1% 111,820 48.2%Age 0 to 19 Years 1,408 27.9% 12,751 27.1% 30,450 27.2%Age 20 to 64 Years 3,150 62.4% 29,055 61.7% 68,185 61.0%Age 65 Years or Over 491 9.7% 5,270 11.2% 13,186 11.8%

Male Median Age 34.9 35.0 36.2



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Lat/Lon: 42.3099/-83.4237RF5


Household Income Distribution (2016)HH Income $200,000 or More 132 3.2% 1,174 2.8% 3,775 3.9%HH Income $150,000 to $199,999 198 4.8% 2,294 5.5% 5,703 5.9%HH Income $100,000 to $149,999 726 17.6% 6,085 14.5% 14,237 14.8%HH Income $75,000 to $99,999 699 16.9% 5,889 14.1% 13,422 13.9%HH Income $50,000 to $74,999 800 19.4% 7,768 18.5% 17,709 18.4%HH Income $35,000 to $49,999 499 12.1% 5,586 13.3% 12,894 13.4%HH Income $25,000 to $34,999 327 7.9% 4,355 10.4% 9,499 9.8%HH Income $15,000 to $24,999 357 8.6% 4,126 9.8% 9,186 9.5%HH Income Under $15,000 392 9.5% 4,620 11.0% 10,063 10.4%

HH Income $35,000 or More 3,055 74.0% 28,796 68.7% 67,741 70.2%HH Income $75,000 or More 1,756 42.5% 15,442 36.9% 37,138 38.5%

Housing (2016)Total Housing Units 4,456 46,156 106,081Housing Units Occupied 4,131 92.7% 41,897 90.8% 96,489 91.0%

Housing Units Owner-Occupied 3,115 75.4% 25,746 61.4% 66,072 68.5%Housing Units, Renter-Occupied 1,016 24.6% 16,152 38.6% 30,417 31.5%

Housing Units, Vacant 325 7.3% 4,258 9.2% 9,592 9.0%

Marital Status (2016)Never Married 2,709 32.2% 26,464 33.4% 59,828 32.0%Currently Married 3,900 46.4% 34,510 43.6% 86,693 46.4%Separated 179 2.1% 2,805 3.5% 5,567 3.0%Widowed 517 6.1% 5,381 6.8% 11,996 6.4%Divorced 1,101 13.1% 10,020 12.7% 22,910 12.3%

Household Type (2016)Population Family 8,702 83.1% 77,811 79.5% 189,164 81.5%Population Non-Family 1,669 15.9% 19,453 19.9% 41,152 17.7%Population Group Quarters 105 1.0% 652 0.7% 1,748 0.8%

Family Households 2,747 66.5% 25,301 60.4% 61,341 63.6%Non-Family Households 1,384 33.5% 16,596 39.6% 35,147 36.4%Married Couple with Children 938 24.0% 7,912 22.9% 19,371 22.3%Average Family Household Size 3.2 3.1 3.1

Household Size (2016)1 Person Households 1,142 27.7% 14,161 33.8% 30,089 31.2%2 Person Households 1,326 32.1% 12,997 31.0% 30,720 31.8%3 Person Households 677 16.4% 6,291 15.0% 14,904 15.4%4 Person Households 564 13.6% 5,207 12.4% 12,670 13.1%5 Person Households 266 6.4% 2,124 5.1% 5,334 5.5%6 or More Person Households 156 3.8% 1,117 2.7% 2,771 2.9%

Household Vehicles (2016)Households with 0 Vehicles Available 293 7.1% 3,229 7.7% 6,624 6.9%Households with 1 Vehicles Available 1,282 31.0% 16,094 38.4% 34,764 36.0%Households with 2 or More Vehicles Available 2,555 61.9% 22,575 53.9% 55,100 57.1%

Total Vehicles Available 7,460 70,370 168,418Average Vehicles Per Household 1.8 1.7 1.7



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Lat/Lon: 42.3099/-83.4237RF5


Labor Force (2016)Estimated Labor Population Age 16 Years or Over 8,260 77,975 184,038Estimated Civilian Employed 5,618 68.0% 51,652 66.2% 118,846 64.6%Estimated Civilian Unemployed 202 2.5% 1,592 2.0% 3,715 2.0%Estimated in Armed Forces - - 33 - 67 - Estimated Not in Labor Force 2,439 29.5% 24,698 31.7% 61,410 33.4%Unemployment Rate 2.5% 2.0% 2.0%

Occupation (2010)Occupation: Population Age 16 Years or Over 4,894 45,881 106,577Management, Business, Financial Operations 790 16.1% 6,048 13.2% 14,482 13.6%Professional, Related 1,102 22.5% 10,448 22.8% 24,380 22.9%Service 697 14.2% 8,205 17.9% 19,288 18.1%Sales, Office 1,319 26.9% 11,631 25.4% 26,790 25.1%Farming, Fishing, Forestry 5 0.1% 119 0.3% 249 0.2%Construct, Extraction, Maintenance 257 5.2% 2,958 6.4% 6,575 6.2%Production, Transport Material Moving 724 14.8% 6,472 14.1% 14,813 13.9%

White Collar Workers 3,211 65.6% 28,127 61.3% 65,652 61.6%Blue Collar Workers 1,683 34.4% 17,754 38.7% 40,925 38.4%

Consumer Expenditure (2016)Total Household Expenditure $237 M $2.30 B $5.45 B

Total Non-Retail Expenditure $129 M 54.4% $1.25 B 54.2% $2.96 B 54.3%Total Retail Expenditure $108 M 45.6% $1.05 B 45.8% $2.49 B 45.7%

Apparel $8.26 M 3.5% $80.0 M 3.5% $190 M 3.5%Contributions $9.95 M 4.2% $96.9 M 4.2% $236 M 4.3%Education $8.58 M 3.6% $83.0 M 3.6% $200 M 3.7%Entertainment $13.3 M 5.6% $129 M 5.6% $306 M 5.6%Food and Beverages $34.9 M 14.7% $339 M 14.7% $799 M 14.7%Furnishings and Equipment $8.22 M 3.5% $78.8 M 3.4% $188 M 3.4%Gifts $5.77 M 2.4% $55.9 M 2.4% $135 M 2.5%Health Care $18.9 M 8.0% $186 M 8.1% $436 M 8.0%Household Operations $6.72 M 2.8% $64.6 M 2.8% $155 M 2.9%Miscellaneous Expenses $3.50 M 1.5% $34.1 M 1.5% $80.5 M 1.5%Personal Care $3.09 M 1.3% $29.9 M 1.3% $70.7 M 1.3%Personal Insurance $1.73 M 0.7% $16.7 M 0.7% $40.3 M 0.7%Reading $526 K 0.2% $5.11 M 0.2% $12.1 M 0.2%Shelter $48.8 M 20.6% $473 M 20.6% $1.12 B 20.6%Tobacco $1.45 M 0.6% $14.4 M 0.6% $33.3 M 0.6%Transportation $45.5 M 19.2% $438 M 19.1% $1.03 B 19.0%Utilities $17.8 M 7.5% $174 M 7.6% $409 M 7.5%

Educational Attainment (2016)Adult Population Age 25 Years or Over 7,041 66,329 157,797Elementary (Grade Level 0 to 8) 211 3.0% 1,823 2.7% 4,007 2.5%Some High School (Grade Level 9 to 11) 452 6.4% 4,476 6.7% 9,958 6.3%High School Graduate 1,992 28.3% 18,156 27.4% 43,992 27.9%Some College 1,517 21.5% 16,059 24.2% 39,126 24.8%Associate Degree Only 691 9.8% 6,488 9.8% 15,175 9.6%Bachelor Degree Only 1,413 20.1% 12,674 19.1% 29,035 18.4%Graduate Degree 766 10.9% 6,652 10.0% 16,504 10.5%



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Lat/Lon: 42.3099/-83.4237RF5


Units In Structure (2010)1 Detached Unit 2,799 68.6% 22,796 55.7% 61,443 65.0%1 Attached Unit 392 9.6% 3,463 8.5% 6,656 7.0%2 to 4 Units 179 4.4% 2,154 5.3% 4,647 4.9%5 to 9 Units 538 13.2% 4,805 11.7% 7,965 8.4%10 to 19 Units 100 2.5% 3,328 8.1% 5,976 6.3%20 to 49 Units 34 0.8% 1,246 3.0% 1,816 1.9%50 or More Units 16 0.4% 2,078 5.1% 3,435 3.6%Mobile Home or Trailer 22 0.5% 1,063 2.6% 2,511 2.7%Other Structure - - 9 - 13 -

Homes Built By Year (2010)Homes Built 2005 or later 141 3.5% 1,416 3.5% 3,178 3.4%Homes Built 2000 to 2004 393 9.6% 2,454 6.0% 5,809 6.1%Homes Built 1990 to 1999 612 15.0% 6,278 15.3% 13,096 13.9%Homes Built 1980 to 1989 300 7.4% 5,029 12.3% 9,582 10.1%Homes Built 1970 to 1979 1,355 33.2% 9,832 24.0% 18,367 19.4%Homes Built 1960 to 1969 517 12.7% 5,575 13.6% 13,463 14.3%Homes Built 1950 to 1959 327 8.0% 5,359 13.1% 18,010 19.1%Homes Built Before 1949 443 10.8% 4,971 12.1% 12,872 13.6%

Home Values (2010)Home Values $1,000,000 or More 9 0.3% 130 0.5% 277 0.4%Home Values $500,000 to $999,999 28 0.9% 240 0.9% 795 1.2%Home Values $400,000 to $499,999 23 0.7% 211 0.8% 906 1.4%Home Values $300,000 to $399,999 151 4.9% 1,007 4.0% 3,188 4.9%Home Values $200,000 to $299,999 479 15.5% 4,444 17.5% 11,222 17.2%Home Values $150,000 to $199,999 813 26.3% 5,668 22.3% 13,319 20.5%Home Values $100,000 to $149,999 766 24.8% 6,128 24.1% 15,180 23.3%Home Values $70,000 to $99,999 403 13.1% 3,494 13.8% 8,910 13.7%Home Values $50,000 to $69,999 169 5.5% 1,598 6.3% 4,374 6.7%Home Values $25,000 to $49,999 109 3.5% 1,191 4.7% 3,679 5.7%Home Values Under $25,000 136 4.4% 1,290 5.1% 3,246 5.0%Owner-Occupied Median Home Value $149,955 $144,678 $146,986Renter-Occupied Median Rent $681 $706 $700

Transportation To Work (2010)Drive to Work Alone 4,179 88.0% 39,132 86.7% 90,459 86.6%Drive to Work in Carpool 334 7.0% 3,526 7.8% 8,260 7.9%Travel to Work by Public Transportation 20 0.4% 388 0.9% 767 0.7%Drive to Work on Motorcycle - - 21 - 47 - Walk or Bicycle to Work 57 1.2% 744 1.7% 1,524 1.5%Other Means 39 0.8% 285 0.6% 462 0.4%Work at Home 122 2.6% 1,015 2.3% 2,938 2.8%

Travel Time (2010)Travel to Work in 14 Minutes or Less 897 19.4% 9,675 21.9% 23,500 23.1%Travel to Work in 15 to 29 Minutes 1,867 40.3% 17,684 40.1% 39,261 38.7%Travel to Work in 30 to 59 Minutes 1,666 36.0% 14,551 33.0% 34,136 33.6%Travel to Work in 60 Minutes or More 200 4.3% 2,186 5.0% 4,621 4.6%Average Minutes Travel to Work 23.9 23.2 23.3

business for sale - locations services · 2017-04-13 · 2000-2010 census, 2016 estimates with 2021...

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