Very Well Run, Profitable Small Restaurant
Location Michigan,United States
Asking Price Range < $250K
Gross Revenues $150000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Owner is willing to stay on as employee to new owner for a few weeks to make sure everything transitions smoothly.
Reason for Sale Owner wants to move on to larger establishment.
Description This is a small (50) seat Coney Island. Building was recently renovated. Good anchor tenants. Owner has multiple contracts for food distribution with the city. We are very impressed with owners abilities. Owner claims upwards of 50% profit. Location is up against a busy through-way for the town, visibility couldn't be better unless you literally drove through the store. This location has been successful and has grown reliably despite the economic difficulties.
Gross revenue $150,000
Asking Price $150,000
Interested buyers will need to sign non-disclosure agreement before specific location/details can be released. Email or call Roger or Zach at 734-259-6104 for more information on this Restaurant for sale.
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