Highly Profitable Northern Michigan Restaurant with $416K Cash Flow & Real Estate!
Highly Profitable Northern Michigan Restaurant with $416K Cash Flow & Real Estate!
Well-established restaurant in Northern Michigan with nearly 40 years of success. Located in a prime, high-traffic area, it offers a loyal customer base, a streamlined operation, and a niche menu. The 4,000 sq. ft. facility includes spacious dining, a fully equipped kitchen, parking, and additional storage.
Key Highlights:
- Proven Success: 40 years in operation with strong community reputation.
- Prime Location: Easy access along a major interstate.
- Unique Niche: Specialty menu in a lightly saturated market.
- Efficient Operations: Quick service ensures high turnover and customer satisfaction.
- Real Estate Included: Property valued at $700,000.
Growth Opportunities: Expand digital presence, update menu offerings, extend hours, and partner with local businesses to attract more traffic.
Financial Overview:
- Revenue: $1,094,111
- Cash Flow: $416,691
- Seller Financing and SBA options available.
Ideal Buyer: Perfect for owner-operators, experienced restaurateurs, or investors seeking a profitable addition to their portfolio.
Interested buyers should have $217,000 in available capital for the down payment.
Sunbelt Listing ID: 56060
- Listing ID:
- 56060
- Industry:
- Restaurant & Bar
- Location:
- Undisclosed > Michigan
- Revenue:
- $1,094,111
- Business Price:
- $1,300,000
- Down Payment:
- $217,000
- SDE (Cash Flow):
- $416,691
- Real Estate:
- For Sale
- Real Estate Value:
- $700,000
- Real Estate Size:
- 4,000 sq. ft.
- Listing Agent:
- Dan Carey
- FF & E:
- $60,000
- Inventory included in asking price:
- Yes
- Inventory Value:
- $10,000
- Years in Business:
- 20+ years
- Is this a franchise:
- No
- Employees (Full-Time):
- 13
- Employees (Part-Time):
- 5
- Reason for selling:
- Retirement
- Seller Financing Available:
- Yes
- SBA Financing Available:
- Yes