West Michigan Restaurant For Sale

Newaygo, MI (Newaygo County)

Seller Financing Available
West Michigan Restaurant For Sale
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Asking Price: $1,000,000

Cash Flow: N/A

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $900,000

Established: 2003

West Michigan Restaurant For Sale

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Business Description

Great opportunity to own this well-established West Michigan restaurant located on high-traffic road with great visibility and easy access. Restaurant’s long history of $1,000,000 plus revenue stream combined with the large operating facility provides numerous growth opportunities. Seller is looking to retire and will hold a meaningful note for a qualified buyer as well as consulting and training support.

Detailed Information

Location:
Newaygo, MI
Real Estate:
Owned
Included in asking price
Building SF:
12,000
Facilities:
12,000 SF building has numerous expansion opportunities.
Competition:
Family-style restaurant has a committed customer base with little direct competition.
Growth & Expansion:
Real estate provides room for catering, event hosting, separate sports bar area and outdoor deck/activity area.
Financing:
Seller will hold a meaningful note for qualified buyer.
Support & Training:
Management and training support for up to 90 days on-site, if needed. Phone consult also available for up to six months.
Reason for Selling:
Owner looking to retire and monetize assets for estate planning.
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John Groothuis

Business Listed By:
John Groothuis

Capstone Business Brokerage

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