Seller's Contact Information
- RE: Terry’s & The Villager Pub
- Contact: Max Friar
Quick Facts
| Asking Price: | $1,350,000 | |
| Annual Revenue: | $3,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $425,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1981 | |
| Employees: | 30 | |
| BBN Listing #: | 372645079 | |
| Broker Reference #: | 676 |
Business Overview:
Terry’s of Charlevoix and The Villager Pub are available for the first time! The owner of this unique opportunity is looking to retire and wants to find a new owner to take over this profitable, popular business.
With over 38 years in the business, Terry Left (owner) and Paul Bradley (executive chef) have brought their years of experience to bear in developing exquisite recipes complemented by just the right sauces.
Terry and Paul are both graduates of the Culinary Institute of America and later worked together at the 5-star restaurant “Cafe Chauveron” in Miami Beach, FL where Terry was the Executive Chef and Paul the Sous Chef.
Terry’s offers excellent full course dinners in a warm, casual dining atmosphere. Given the close proximity to the Great Lakes, their fish entrées are a fresh and ever-popular selection.
Providing both dine-in and take-out meals, the Villager Pub in Charlevoix has been serving northern Michigan vacationers and locals alike for nearly 4 decades! If you’re a “local,” you already know that the Villager Pub restaurant is a 38-year cornerstone of Downtown Charlevoix.
The restaurants have performed well despite the pandemic with growth in revenue and earnings.
Due to confidentiality, we cannot give too many details in this overview. Please request more information and you will be sent a non-disclosure agreement to get more information.
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Property Features and Assets:
Owned
Market Competition and Expansion:
(1) Turn-key Opportunity (2) Experienced Staff (3) Unbeatable Northern MI Location Opportunities For Growth: Catering shows incredible growth potential for the restaurant.
Reason for Selling:
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:
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