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Profitable well known Authentic Chicago Style Dining Restaurant!

Kent County, MI

Profitable well known Authentic Chicago Style Dining Restaurant!
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Asking Price: $279,900

Cash Flow: N/A

Gross Revenue: $420,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,920 /Month

Established: 2008

Profitable well known Authentic Chicago Style Dining Restaurant!

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Business Description

Profitable well known Authentic Chicago Style Dining Restaurant in the Grand Rapids, Michigan Metro Area for Sale!

Business Description

This well-established profitable Chicago Style Restaurant is located on a high traffic count road in an upscale strip mall, near several offices, retail, and medical facilities in the Grand Rapids Metro Area. The owners began this business in 2009 and have grown it to the magnificent operation it is today! They are well known in the area for their menu, serving everything from Chicago Style Sandwiches, Melts, Grille, Pita’s, Gyro’s, etc. The owner has claimed that there is no restaurant around that serves the same food! They are known for great food, great atmosphere, and excellent service!

Detailed Information

Asking Price: $279,900.00 Accepting Offers!
Gross Revenue: Above $420,000.00
Established: Operating since 2009!
Inventory: The Inventory varies based on season, currently estimated to be around $10,000.00.
Real Estate: The real estate is available for lease.
Building SF and Year Built: 2,000.00 square feet; current monthly rent is $3,920.00.
Employees: 4-6 employees.
Facilities: Exceptional condition at all facilities and updated to meet all requirements.
Competition: Several different style and format restaurants in the area, which is a significant draw for dining experience.
Growth & Expansion: Open more hours, Open on Sunday, more aggressive advertising, sponsorship of local community events, and a hands-on owner/manager that will increase sales and reduce operational expenses.
Support & Training: Owners want to ensure success for the new owner and are willing to support and train the new owners on a limited basis.
Reason for Selling: The owners are selling the business to focus on family.

This restaurant opportunity is a wonderful turn-key opportunity! This business is profitable in a terrific location in the Greater Grand Rapids Area! Please call Doug at 616.822.9900! or Rob at 616.855.7677!

Detailed Information

Location:
Kent County, MI
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
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(from currently available funds)
 
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Rob Anderson

Business Listed By:
Rob Anderson

Equity LTD

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