Return to broker profile

Family Style Restaurant-High Volume Sales!

Macomb County, MI

Seller Financing Available
Family Style Restaurant-High Volume Sales!
Contact Seller

Asking Price: $499,999

Cash Flow: $180,000

Gross Revenue: $1,500,000

EBITDA: N/A

FF&E: $200,000

Inventory: $20,000*

Rent: $6,700 /Month

Established: 1975

*not included in asking price.

Family Style Restaurant-High Volume Sales!

Save Print Share Valuation Report

Business Description

High Volume Family Restaurant
Great opportunity to own a well-established Family restaurant in Macomb County. This free-standing family restaurant has been in business for over 40+ years. Restaurant is perfect for a family to own and operate. Restaurant seats about 160 people, approximately 5400 sqft. in size. This restaurant is open for breakfast, lunch, and dinner daily. Sales are approximately $135,000 per month. Cashflow is about $180,000 per year. Seller’s are looking to sell due to other restaurants they currently own and operate. This restaurant has huge potential for more growth. Expanding into doing catering for both corporate and private events is huge potential. Seller does minimal marketing and advertising. New owner can also acquire a Class C License to serve alcohol, which can increase sales dramatically. Seller’s are motivated and are willing to seller finance. Please Note: This is a big operation; Industry experience is beneficial if investing into a full-scale restaurant such as this. Seller’s will stay on to train for a full month. Serious inquires only. This will not last!

Detailed Information

Location:
Macomb County, MI
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,400
Lease Expiration:
N/A
Employees:
FT 20, PT 10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free-Standing Building, Ample Parking, High Traffic, 5400 sqft., Seats 160 people
Financing:
$199,999 Down, Amortized over 60 months, 8% Interest, $6,082.92
Support & Training:
Seller will train for 30 days
Reason for Selling:
Seller has other Businesses
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Paul Habba

Business Listed By:
Paul Habba

Business Broker One

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1641804 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Abbott's Frozen Custard

Franchise Opportunity In MI
Cash Required: $100,000