Full-Service Riverfront Restaurant
Not Disclosed, MI Not Disclosed
South Central Michigan
Request More Information Contact the Seller
- RE: Full-Service Riverfront Restaurant
- Contact: Small Business
Quick Facts
| Asking Price: | $2,200,000 | |
| Annual Revenue: | $2,600,433 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $76,255 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $717,772 | |
| Real Estate: | $2,000,000 | |
| Year Established: | 1992 | |
| Employees: | 55 | |
| BBN Listing #: | 991991 | |
| Broker Reference #: | 881 |
Business Overview:
This charming Riverfront Restaurant is housed in a beautifully restored building dating back over a century. Since opening its doors in 1992, it has become known for its rich history, flavorful cuisine, and the warm, laid-back atmosphere that welcomes guests the moment they arrive.
After 33 years at the helm, the owner is seeking to sell the Restaurant in order to pursue retirement, and hopes to sell to someone who is passionate about preserving the historic character of the Business and continuing its legacy into the future.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
The restaurant is in a charming historic riverfront building and includes a dining room, banquet room, and outdoor patio, as well as a kitchen, bar, and restrooms. Estimated value: $2,000,000 / 11,273 sq. ft.Â
Market Competition and Expansion:
Investment Highlights Include:
(1)Â Â Location & Atmosphere
(2)Â Â Diverse Menu with Quality Offerings
(3)Â Â Fair Pricing
(4)Â Â SBA Financing
Growth Opportunities:
(1)Â Â Significant Local Investment by Multiple Established Companies
Reason for Selling:
Ownership is pursuing retirement.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:
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
