Help Wanted – Ann Arbor Restaurant

Ann Arbor, MI
Washtenaw County

Near Hill Auditorium and the diag


Asking Price: Annual Revenue:
$260,000 $469,434

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Help Wanted – Ann Arbor Restaurant Broker: Michelle

Quick Facts

Asking Price: $260,000
Annual Revenue: $469,434
Net Profit: Not Disclosed
Cash Flow: $54,453
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: Not Disclosed
BBN Listing #: 965349621
Broker Reference #: MW

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Business Overview:

Restaurant is open 7 days a week. a 20 foot long Bar seats approximately 15 patrons. Seating capacity indoors is 74. Class C liquor license transfer is included in the sale of this business. Entertainment is offered Thursday through Sunday evenings. Owner’s preference is to sell the business and its assets, however another possibility owner would consider is entering into a mutually beneficial relationship with another business person.
If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement). Contact broker or email us for more information.

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Property Features and Assets:

Approximately 2,050 square feet total. Seats 74 inside, 24 outside. Located near “the diag” and Hill Auditorium. 2 Parking structures are 2 blocks away. Limited street parking.

Market Competition and Expansion:

Competition: The restaurant businesses in Ann Arbor have a lot of competition. However, this is a highly publically rated restaurant, setting it apart from others. Growth/Expansion: Increase marketing efforts, expanding catering capabilities are two areas that would likely lead to increased growth of the business.

Reason for Selling:

Retirement

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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