Well Established Pancake House & Diner!

Grand Ledge, MI (Eaton County)

Well Established Pancake House & Diner!
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Asking Price: $459,900

Cash Flow: $295,865

Gross Revenue: $1,233,664

EBITDA: N/A

FF&E: N/A

Inventory: $15,000*

Rent: $6,000 /Month

Established: 1990

*not included in asking price.

Well Established Pancake House & Diner!

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Business Description

Want to own a restaurant that has been increasing sales for over the past 3 years? Here is your chance!

*This restaurant is very well kept and ran efficiently.

*Sales for 2017 were $1,233,633.75, with a cash flow of $295,864.75! This business is booming and is continuing to grow!

*Stand alone building with plenty of parking!

*All equipment and fixtures are in excellent working condition.

*Seller's relocation is the reason for selling this wonderful business.

Detailed Information

Location:
Grand Ledge, MI
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
20
Facilities:
Beautiful location in a free standing building that seats 100. Plenty of parking as well.
Competition:
This restaurant has been around for over 25 years and has increased sales for the past 3 years. This business is not slowing down anytime soon!
Growth & Expansion:
There is room for immediate growth with the dinner business. Current owner is mainly focused on breakfast and lunch. Adding some creative dinner options could increase sales.
Financing:
Cash Only
Support & Training:
Seller will train new owners for 2 weeks at no additional charge.
Reason for Selling:
Sellers relocation
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(from currently available funds)
 
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Nadir Jiddou

Business Listed By:
Nadir Jiddou

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