Seller's Contact Information
- RE: Full-Service Restaurant Near Lake Superior
- Contact: Bob Cardinal
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $987,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $112,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | $800,000 | |
| Year Established: | 1973 | |
| Employees: | 25 | |
| BBN Listing #: | 343228483 | |
| Broker Reference #: | 11429 BJC |
Business Overview:
Long-established, Turn-Key, Full-Service Restaurant offering a full menu with dine-in and take-out options. Located on convenient lot near Lake Superior within walking-distance of the harbor. A local favorite with breakfast all day and homemade pies. Includes a 2 BR suite on the second level, set up as a vacation rental by the night, with separate entrance. Sleeps 6 comfortably. Open year-round. Continued annual growth. Owner has kept everything updated. Price includes all FF&E and Inventory. For more information, please contact Bob Cardinal.
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Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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