Multi-Concept Restaurant & Banquet Facility
Not Disclosed, MI Wayne County
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- RE: Multi-Concept Restaurant & Banquet Facility
- Contact: Tyler Uphaus
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $1,172,208 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $181,276 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $2,500,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1974 | |
| Employees: | 24 | |
| BBN Listing #: | 1003073 | |
| Broker Reference #: | 30122-630772 |
Business Overview:
Multi-Concept Restaurant & Banquet Facility w/ Real Estate
A well-established, multi-concept restaurant and banquet operation located in the heart of Downriver (Southern Wayne County), Michigan. The business has been operating successfully for nearly 50 years and includes three unique revenue-generating concepts under one roof: an event and banquet venue, an elevated dining restaurant and wine bar, and a casual bistro concept.
The facility spans approximately 10,000 sq ft across multiple levels, including large dining areas and a 2,500–3,000 sq ft outdoor patio. With a strong community presence, diversified revenue, and an established event-booking pipeline, this operation offers an exceptional acquisition opportunity for an owner-operator or a multi-unit restaurant group.
Revenue:
2022: $1.2M
2023: $1.2M
2024: $1.1M
2025: $1.2M
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Property Features and Assets:
This multi-concept restaurant and event operation has served the Downriver community for nearly 50 years, making it one of the longest-standing hospitality establishments in the region. Originally opened in the mid-1970s, the business evolved from a single-service operation into a three-concept food, beverage, and events facility, including a banquet venue, an elevated dining restaurant, and a casual bistro.
Over the decades, the business has built deep community ties, strong brand recognition, and a loyal customer base across multiple generations. It continues to benefit from word-of-mouth reputation, recurring event clients, and the stability that comes with long-term operational history.
Market Competition and Expansion:
The business benefits from a rare three-concept model under one roof, strong brand presence in the Downriver community, and fully built banquet space that most competitors lack. Diversified revenue streams, long-standing customer loyalty, and ownership of the real estate provide significant competitive advantages compared to typical single-concept restaurants.
There are several clear opportunities for expansion, including adding operating hours, growing the profitable banquet and catering division, enhancing digital marketing, and activating the large outdoor patio for events or seasonal dining. Additional upside exists through retail product offerings or replicating the concepts in other Southeast Michigan markets.
Reason for Selling:
Retire. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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