3 Restaurants in One - Burton Michigan

Burton, MI (Genesee County)

3 Restaurants in One - Burton Michigan

Asking Price:$680,000

Cash Flow:N/A

Gross Revenue:$2,000,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$1,100,000*

Established:N/A

*not included in asking price.

3 Restaurants in One - Burton Michigan

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Business Description

Sports Bar, Family Restaurant and Catering Hall: a unique opportunity to capture three restaurant segments with the efficiency of having one kitchen servicing the three concepts. The site is 2.4 acres on Lapeer Road. The three food service entities are 7 day operations. Historical sales for the Family Restaurant and the Catering are $1.1 MM together. The Sports Bar sales have been $700,000. Family Restaurant faces Center Road and the Catering is located on the second floor above the restaurant. Stairs and an elevator provide access. The Sports Bar faces the Side of the property. A central kitchen provides food for all three concepts. Its significant size makes servicing the 3 concepts a breeze.

Purchase the land and 3 restaurants for $1,950,000 or lease the real estate for $10,000 per month NNN and purchase he businesses for $850,000.

Attached Documents


Detailed Information

Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Facilities:
TWO STORY FACILITY WITH SPORTS BAR AND FAMILY RESTAURANT ON FIRST FLOOR AND CATERING FACILITY ON SECOND FLOOR
Growth & Expansion:
MARKETING PROGRAM WOULD INCREASE CATERING SALES SIGNIFICANTLY
Support & Training:
TRANSITION SUPPORT WILL BE AVAILABLE
Reason for Selling:
OWN MULTIPLE BUSINESSES

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Michael Scheid

Business Listed By:
Michael Scheid

THOMAS HOSPITALITY GROUP

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