MergerPlace

Two Profitable Restaurants For Sale

Charlevoix, Michigan


  • Asking Price: Not Disclosed
  • Gross Income: $3,126,919
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #225000
  • Established: 1981
  • Employees:

Business Description

***Special Note: In a victory for small business buyers, the recent $900BB stimulus bill directs the SBA to pay the first 6 months of new SBA 7(a) loans approved between February 1 and September 30, 2021 (up to $9,000/month). Our advice: Don't wait. Find a quality business and get moving quickly. Banks will be busy this year and buyers that wait until July/August will likely lose out.

Profitable restaurant with over $3 million in sales per year is available for the first time! The owner of this unique opportunity is looking to retire and wants to find a new owner to take over this profitable, popular business.

The restaurant has performed well despite the pandemic with growth in revenue and earnings.

Due to confidentiality, we cannot give too many details in this overview. Please request more information and you will be sent a non-disclosure agreement to get more information.

If you do not receive the NDA, please check your junk mail. If the NDA email cannot be found, please email info@smallbusinessdeal.com and request a PDF version. Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. They will be happy to correspond and answer your questions directly. Thank you for your time!


Business Details

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

Company Information

Year Established: 1981
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Gross Revenue: $3,126,919
Seller Financing Available: Yes

Property Information

Facilities:

12,000 square foot facility

Competition:

Investment Highlights Include: Experienced Staff: The Company has many staff members who have been with the restaurants for 20-40 years. This level of experience is highly beneficial and allows for consistently high customer service. The staff managers, who also work the restaurants, operate the business daily without significant ownership oversight/involvement.

Reason for selling:

Retirement.

Support & Training:

Ownership is willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC