Profitable Restaurant - Amazing Location

Michigan (Kent)

  • Asking Price: $224,900
  • Gross Income: $314,712
  • Cash Flow: $110,150
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #225533
  • Established: Not Disclosed
  • 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.

This is an excellent opportunity for a new business owner desiring to operate an established and profitable restaurant with an enviable 4.7-star Google Review profile! This turn-key operation with loyal customers and several actionable opportunities for growth performed fantastically during the shelter-in-place orders with its fast-prep, takeout-ready menu and well-established relationships with popular delivery services like UberEats & DoorDash.

The restaurant is located in a popular retail, entertainment, and dining district with substantial daily walking and vehicle traffic. The abundant attractions in the area make this a prime location for a restaurant with fair prices, quality ingredients, and delicious menu offerings!

The restaurant is well staffed with managers in place to oversee daily operations. The owner is seeking to focus on other business interests.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email and request a PDF version.

Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. 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
County: Kent

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $224,900
Gross Revenue: $314,712
Cash Flow: $110,150
Seller Financing Available: Yes

Contact Business Seller

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Business Listed By:

Max Friar

Calder Capital, LLC