Seller's Contact Information
- RE: Highly Profitable Northern MI Restaurant For Sale
- 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: | $1 | |
| Year Established: | 1981 | |
| Employees: | 30 | |
| BBN Listing #: | 466045079 | |
| Broker Reference #: | 676 |
Business Overview:
The bar and restaurant is located in a fantastic location in a Northern Michigan tourist destination.
A profitable restaurant with over $3 million in sales per year is 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.
The restaurant has 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.
If you do not receive the NDA, please check your junk mail. If the NDA email cannot be found, please email info@smallbusinessdeal.com and request a PDF version. Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. They will be happy to correspond and answer your questions directly. Thank you for your time!
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Owned – Not included in price - Value = $1,900,000.
Market Competition and Expansion:
Investment Highlights Include: (1)Turn-key Opportunity (2)Experienced Staff (3)Unbeatable Northern MI Location Growth Opportunities Include: 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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