Undisclosed Address, Michigan
Business Opportunity for Sale
Catylist Listing ID: 30794794
Property Subtypes: Food and Beverage
Building Size (RSF): 4,250 SF
Sale Price: $725,000
Year Business Established: 2012
Gross Revenue: $1,650,000 (Annual)
Cash Flow: $130,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash or other terms acceptable to seller
Last Updated: 1/31/2023

Overview / Comments

Great family restaurant with a long history at this location. Come and experience
the fast and friendly service that has thrilled families for decades with fresh,
quality food at affordable prices. Full service menu. The furniture, fixtures &
equipment look new. Everything looks new. Sales average $1,545,000 per year.       Change the name or keep it a franchise. Up to you.

Additional Details

Industry Segment: Bars and Taverns
Reason for Selling: Too many restaurants
Value of Inventory Included ($): $235,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: $9,100 per month gross rent
Mgmt/Training Support Description: transition support available
Competition/Market Description: Strong market. Sales increasing post hall road repairs.

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Demographic Statistics

Proximity: 5 miles
Total Population: 2,593
Median Age: 44.17
Households: 1,031


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