Established Waterfront Restaurant

Not Disclosed, MI

Northern Michigan

Asking Price: Annual Revenue:
$125,000 $718,823

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Waterfront Restaurant Broker: Calder Capital
Owner Financing is Available!
Limited seller-financing is available for qualified buyers.

Quick Facts

Asking Price: $125,000
Annual Revenue: $718,823
Net Profit: Not Disclosed
Cash Flow: $13,819
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 10
BBN Listing #: 682045079
Broker Reference #: 795

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Business Overview:

This opportunity is an upscale, yet casual full-service bar and restaurant. The restaurant is located in a popular dining and shopping spot that locals and tourists alike frequent. The restaurant features a spacious patio and a beautiful waterfront view, making it a perfect spot for family and friends to gather.

The restaurant features a well-curated lunch and dinner menu with a variety of starters, salads, sandwiches, dinner entrees, and desserts. A full drink menu consisting of beer, wine, and cocktails is also featured on the menu.

Current ownership is seeking to sell in order to spend more time with family and is willing to look at all offers.

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Market Competition and Expansion:

The 1,500 square foot facility features a spacious patio, a bar, and indoor dining space.

Reason for Selling:

Ownership seeking to spend more time with family.

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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