Profitable Upscale Restaurant
Capac, MI Saint Clair County
Downtown
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- RE: Profitable Upscale Restaurant
- Contact: Small Business
Quick Facts
| Asking Price: | $1,200,000 | |
| Annual Revenue: | $2,206,619 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $155,648 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | $750,000 | |
| Year Established: | 2007 | |
| Employees: | 30 | |
| BBN Listing #: | 485745079 | |
| Broker Reference #: | 838 |
Business Overview:
This restaurant provides upscale dining in a casual atmosphere. Committed to providing an exceptional dining experience, the restaurant offers a selection of high-quality, fresh, and regionally sourced cuisine as well as an assortment of fine wines, draft beers, and cocktails.
The restaurant is situated in a 125-year-old fully restored historic building in a bustling downtown area. The space boasts an inviting atmosphere, complete with a full bar and dining area, three private dining rooms, and a rooftop seating area and bar. The historic building is included with the sale of the restaurant.
The restaurant is well-loved by both locals and tourists visiting the area, as evidenced by its impressive 4.6-star average rating across over 1,000 Google reviews. Additionally, the business demonstrates strong financial stability, generating approximately $2 million in both 2021 and 2022. As the year 2023 progresses, it continues to demonstrate a trajectory of sustained success.
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Property Features and Assets:
125-year-old, fully restored historic building features 6,000 squarer feet with a full bar and dining area, three private dining rooms, and a rooftop seating area and bar.
Market Competition and Expansion:
Investment Highlights Include: (1)Consistently High Profitability (2)Updated Historic Facility (3)Prime Location Growth Opportunities: (1)Open On Sundays (2)Create a Brunch Menu (3)Increase Marketing
Reason for Selling:
Ownership would like to pursue 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:
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