MergerPlace

Family Restaurant

Clinton Township, Michigan


  • Asking Price: $499,999
  • Gross Income: $1,560,000
  • Cash Flow: $180,000
  • Real Estate: Not Disclosed
  • Inventory: $35,000
  • FF&E: $200,000
  • Listing ID: #209554
  • Established: 1975
  • Employees: FT 20, PT 10

Business Description

High Volume Family Restaurant
Great opportunity to own a well-established Family restaurant in Macomb County. This free-standing family restaurant has been in business for over 40+ years. Restaurant is perfect for a family to own and operate. Restaurant seats about 160 people, approximately 5400 sqft. in size. This restaurant is open for breakfast, lunch, and dinner daily. Sales are approximately $135,000 per month. Cashflow is about $180,000 per year. Seller’s are looking to sell due to other restaurants they currently own and operate. This restaurant has huge potential for more growth. Expanding into doing catering for both corporate and private events is huge potential. Seller does minimal marketing and advertising. New owner can also acquire a Class C License to serve alcohol, which can increase sales dramatically. Seller’s are motivated and are willing to seller finance. Please Note: This is a big operation; Industry experience is beneficial if investing into a full-scale restaurant such as this. Seller’s will stay on to train for a full month. Serious inquires only. This will not last!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Michigan
Metropolitan Area: Clinton Township

Company Information

Year Established: 1975
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: FT 20, PT 10

Financial Information

Asking Price: $499,999
Gross Revenue: $1,560,000
Cash Flow: $180,000
FF&E: $200,000
Inventory: $35,000
Seller Financing Available: Yes

Property Information

Facilities:

Free-Standing Building, Ample Parking, High Traffic, 5400 sqft., Seats 160 people $199,999 Down, Amortized over 60 months, 8% Interest, $6,082.92

Reason for selling:

Seller has other businesses

Support & Training:

Seller will Train for 30 days

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Paul Habba

Locations Commercial Real Estate Services