Turn-Key Stunning Restaurant with Liquor Licenses!

Hudsonville, MI
Ottawa County

Asking Price: Annual Revenue:
$275,000 $485,290

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Turn-Key Stunning Restaurant with Liquor Licenses! Broker: Seller of Business
Owner Financing is Available!
Limited seller-financing is available for qualified buyers.

Quick Facts

Asking Price: $275,000
Annual Revenue: $485,290
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $275,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 12
BBN Listing #: 270945079
Broker Reference #: 632

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Business Overview:

Take this opportunity to step into a fully equipped and fully staffed restaurant!
This full-service farm-to-table restaurant offers a modern, family-friendly atmosphere boasting locally sourced ingredients and high-quality food and drinks. The Jenison/Hudsonville area restaurant, which had a full buildout from scratch in 2017, is equipped with brand new mechanicals, kitchen, tables and chairs, patio heaters, etc. It is located alongside a premier event center and farmer’s market that continues to bring in business.
The sale includes a rare Class C liquor license and a catering liquor license. The city is not offering more liquor licenses, so this is a unique and highly valuable asset!
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Property Features and Assets:

Beautiful 1,300 square foot facility neighboring a premier event center in the area. Full buildout from scratch in 2017. Patios in front and back, use of 500 square feet of dry storage in basement and catering kitchen.

Market Competition and Expansion:

Investment Highlights Include: (1) High Quality Buildout & Equipment: full buildout completed in 2017; equipment worth $250K-$300K. (2) Class C Liquor License: hard to get in this area! (3) Favorable Lease Terms: low rent; 2 years into a 5-year lease with 2 renewals. (4) Highly Skilled Staff: including chef and sous chef. Growth and Expansion Pros and Cons: (1) Catering Opportunities: lots of opportunity with the neighboring event center; inquiries continue to flow in. (2) Growing Area with Lots of Opportunity. (3) Rebrand Potential: it may make sense to rebrand the restaurant to better fit the area demographic. (4) High Online Ratings: Facebook 4.8/5 (180+ reviews); Google 4.4/5 (320+ reviews); TripAdvisor 4.3/5 (220+ reviews) (5) Other opportunities include: delivery and online ordering, parking and signage updates, expanded breakfast and brunch options, and added local marketing effort.

Reason for Selling:

Other Business Interests.

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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