West Michigan Lakeshore Restaurant!

Not Disclosed, MI

West Michigan


Asking Price: Annual Revenue:
$800,000 $1,417,576

Food & Beverage: Restaurants, Fast Food, Deli


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

Quick Facts

Asking Price: $800,000
Annual Revenue: $1,417,576
Net Profit: Not Disclosed
Cash Flow: $322,581
Total Debt: Not Disclosed
FF&E: $493,000
Real Estate: $1,500,000
Year Established: 1998
Employees: 24
BBN Listing #: 845545079
Broker Reference #: 772

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Business Overview:

In the heart of a thriving community, this highly profitable West Michigan lakeshore restaurant is an unassuming gem!

Offering an inviting atmosphere and open-air patio, the company is a mainstay for both tourists and locals. The thoughtfulness and care of the owners and staff are reflected in the business’s consistent outstanding reviews and repeat customers. The company is known for offering an extensive menu selection, with all items being both outstanding quality and reasonably priced.

The company has a full liquor license, which is transferrable with the sale of the business. Revenue from alcohol sales comprising over 20% of revenue.

The company is consistently and highly profitable, and well-staffed with experienced managers involved in daily operations. Revenue and cash flow have bounced back to pre-covid levels, which speaks to the high quality and appeal of the venue’s offerings and service.

The facility and equipment have been carefully maintained, with no anticipated replacement needed for years to come. The restaurant is conveniently situated along a major US highway, in a prime location that receives a plethora of traffic that will continue to drive business.

This West Michigan lakeshore restaurant also comes with the opportunity to purchase the real estate.

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Property Features and Assets:

7,500 square feet commercial space. The real estate is offered for sale at $1.5M.

Market Competition and Expansion:

Investment Highlights Include: (1) Prime Location: The restaurant operates in a well-trafficked location that draws plenty of tourists and locals. (2) Brand Image and Consistent Profitability: The restaurant is a staple in the area. (3) Excellent Condition of Building & Property: The owners have invested time and effort to properly maintain the restaurant’s facility. (4) High Ratings & Raving Reviews: Strong customer reviews keep clientele coming back and also serve to bring in more new customers. (5) Up-to-date Technology and Systems: Recent investment in these areas has supported the Company’s strong operational model. Growth and Expansion: (1) Expand catering segment (2) Extend operating hours (3) Increase marketing

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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