MergerPlace

Help Wanted – Ann Arbor Restaurant

Michigan (Washtenaw)


  • Asking Price: $260,000
  • Gross Income: $469,434
  • Cash Flow: $54,453
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #211777
  • Established: 2005
  • Employees:

Business Description

Business Description
Restaurant is open 7 days a week. a 20 foot long Bar seats approximately 15 patrons. Seating capacity indoors is 74. Class C liquor license transfer is included in the sale of this business. Entertainment is offered Thursday through Sunday evenings. Owner’s preference is to sell the business and its assets, however another possibility owner would consider is entering into a mutually beneficial relationship with another business person.
If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement). Call 734-323-0376 or 734-649-9277 or email gene@genemichaelson.com or michelle@bbfbrokers.com for more information.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Michigan
County: Washtenaw

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $260,000
Gross Revenue: $469,434
Cash Flow: $54,453
Seller Financing Available: No

Property Information

Facilities:

Approximately 2050 sq ft total. Seats 74 inside, 24 outside. Located near “the diag” and Hill Auditorium. 2 Parking structures are 2 blocks away. Limited street parking.

Growth & expansion opportunities:

Increase marketing efforts, expanding catering capabilities are two areas that would likely lead to increased growth of the business.

Competition:

The restaurant businesses in Ann Arbor have a lot of competition. However, this is a highly publically rated restaurant, setting it apart from others.

Reason for selling:

Retirement

Support & Training:

Owner is very willing to train buyer as agreed to and determined what’s needed for a successful transfer of ownership.

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:

Michelle Webster

Business Brokerage & Finance, LLC.