Profitable Family Restaurant

Macomb County, MI

Seller Financing Available
Profitable Family Restaurant
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Asking Price: $469,000

Cash Flow: $156,000

Gross Revenue: $1,360,000

EBITDA: N/A

FF&E: $80,000

Inventory: $75,000

Rent: $6,000 /Month

Established: 1968

Profitable Family Restaurant

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Business Description

Profitable Family Restaurant

This is a profitable family style restaurant located on a busy road that serves breakfast, lunch and dinner. The restaurant averages over $25k per week in reported sales. The restaurant is located in a stand-alone building that is available for lease or purchase.

A NDA (Non-Disclosure Agreement) and Buyer Profile will be sent through email and must be completed and signed before any information will be provided on the business.

Detailed Information

Location:
Macomb County, MI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,100
Lease Expiration:
N/A
Employees:
33
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a popular restaurant with a crowd pleasing menu. The business has been in operation since 1994 and is open 7 days per week, 24 hours a day. This is a great opportunity to purchase a successful restaurant with a proven track record.
Competition:
The restaurant is located on a busy road in a stand-alone building with plenty of parking. The business has a great reputation and delivers consistent financial performance. The menu offers a variety of different foods. They offer dine in as well as carry out. The current owner is looking to downsize his current operations and has decided to find a buyer for his successful business. The owner has established employees in place and will provide the new owner with training to ensure that the restaurant continues to be a success. The premises include a substantial dining area, food prep, dry storage area, and walk in coolers/freezers which ensures that food can be prepared efficiently to the expected high quality standards.
Growth & Expansion:
The current owner has many years in the restaurant business and built upon that experience to deliver an excellent menu and customer experience. With the right owner this restaurant will continue to excel.
Financing:
219000.00
Support & Training:
2 weeks
Reason for Selling:
reducing operations
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Douglas Sehr

Business Listed By:
Douglas Sehr

Transworld Business Advisors of Clinton Township

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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