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Profitable And Popular American Restaurant
Location: United States -> Michigan
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Looking for a restaurant with full liquor license located in a booming suburb of West Michigan? The location has bounced back nicely from COVID with rising sales number each month. Offering the highest quality American fare in a modern, warm environment, the thoughtfulness and care of the owners and staff are reflected in the business's consistent outstanding reviews and repeat customers.
Having undergone a major renovation and rebranding in 2019, all equipment is new and will not require replacement for many years to come. The interior and exterior aesthetics have also undergone a major overhaul, as the owners have worked with a marketing consultant to give the business a total ---facelift.'
The bounce back in revenue and cash flow to pre-COVID levels, speaks to the high quality and appeal of the venue's offerings and service. The business also has a class C liquor license, which is transferrable and included with the sale of the business.
The restaurant is well-staffed with managers in place to oversee daily operations.
The restaurant is situated right off of a major US highway, in a highly-trafficked strip mall with complementary businesses next door.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.
You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email info(at)smallbusinessdeal.com and request a PDF version.
Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. They will be happy to correspond and answer your questions directly. Thank you for your time!


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,061,411
Cash Flow:   $160,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $105,460
Seller Financing:  Yes

About The Business

Year Established:  2008
Number of Employees:  35 - 49
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Ownership is willing to provide reasonable and customary transition assistance.
Reason For Selling:  The Owners are seeking to pursue other business interests.




Print Listing Id: 700365237
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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