Very successful West Michigan eatery in well-traveled, highly desirable location available at 2x SDE. Seller willing to hold paper and provide post-close training. Outstanding lease arrangement at 10% of revenue, combined with proven track record and name recognition, make this a great opportunity for a hands-on owner/operator.
Revenue for 2011 will exceed $500,000 continuing the trend established in 2010. Labor costs (23%) and Food costs (31%) are indicative of a well-run operation. Cash flow to the owner/operator will exceed $100K in 2011 and is poised for future growth in high-traffic, growing area with additional advertising attention.
The attractive $249,900 listing price includes all assets, inventory and recipes. The seller will carry a meaningful seller note for a qualified buyer.
We're sorry, this listing has been canceled.
Here are some similar listings that are still active:
It has been a great 15 year run for the owner/operators of this very popular, newly renovated and enlarged restaurant and bar located in a highly desirable resort community just 30 minutes northeast of Traverse City (Michigan). The owner/sellers have reached retirement age and plan to sell their business so they can kick back and enjoy the fruits of...BBQ Restaurant/Bar
Great business opportunity. This BBQ Restaurant/Bar is a culinary destination in this small but robust Mid-Michigan community. Food and Beverage sales of over $700,000 per year.This establishment occupies 2,500 square foot of leased space. Approximately 69 dining seats plus additional outdoor patio for seasonal use. State of the art beer tap system...Mr. Pot Restaurant
This is a unique type of restaurant serving mostly Asian cuisine. Food choices are served to the table, then heated on the warming area of the table. At present, the establishment is open for evening meals only. The key to success here is the location, which is Chandler Crossings, a dynamic strip center in East Lansing. There is a large student...Long Established Niche Restaurant
Only $39,000 cash gets you into this long established, niche restaurant in a busy suburban Grand Rapids area strip mall. Priced to sell quickly at $69,000, this positive cash flowing business comes with $40,000 of equipment. The seller will also offer transition training as part of the purchase price, with a nice five figure seller note available...Price Reduced/ Restaurant with Tavern License
Currently restaurant is of an ethnic cuisine. Location is the primary value in this business, unless you do the same cuisine, then it’s location plus! On busy main street, near 2 intersections of town. Owners are retiring. Parking is in structure and on street. Excellent signage visibility. Facilities: Approximately 2238 sq ft total. Lease runs $25...
Or browse listings in the following categories: