Well Established Pancake House and Diner

Not Disclosed, MI
Eaton County

Asking Price: Annual Revenue:
$459,900 $1,233,664

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Well Established Pancake House and Diner Broker: Nadir Jiddou

Quick Facts

Asking Price: $459,900
Annual Revenue: $1,233,664
Net Profit: Not Disclosed
Cash Flow: $295,864
Total Debt: Not Disclosed
FF&E: $295,864
Real Estate: Not Disclosed
Year Established: 1990
Employees: 20
BBN Listing #: 81353123
Broker Reference #: Not Disclosed

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Business Overview:

This is great opportunity to own a restaurant that has been increasing sales for the past 3 years. The sales for 2017 were $1,233,633.75 with a Cash flow of $295,864.75! The restaurant is kept very clean and ran very efficiently. The current terms on the lease expire on January 1st 2019, but there are five 5 year extensions. All equipment and fixtures are in great working condition. Seller's relocation is the reason for selling this great business.

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Property Features and Assets:

Very clean and efficient restaurant in a free standing building with plenty of parking.

Market Competition and Expansion:

Restaurants always have competition, but this restaurant has been around for over 25 years and has increased sales for the past 3 years.

Reason for Selling:


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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