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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Michigan Businesses For Sale Categories   >>   

Very Successful Restaurant

Location  Michigan,United States
Asking Price Range  < $250K
Gross Revenues  $500000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2010
Number of Employees  10 - 19
Inventory  30000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  Yes.
Description  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. To learn more about purchasing this proven business, call Capstone Business Brokerage at 616-847-1031.
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