Fine Dining Steakhouse
Location Michigan,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2300000
Net Profit / Cash Flow $250000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 50 - 99
Inventory 700000
Relocatable No
Number of Employees 50 - 99
Real Estate Leased
Training Yes.
Reason for Sale New oppourtunities or open to partnership or co...
Description Our Steakhouse has been an award winner from the first year & resulting in three consecutive ƒ_oBest Steak ƒ_oin West Michigan awards. Originated by established, reputable & local restaurateur. Has performed at 10-15% profitability with amazing growth potential that has already been documented since July of 2005 with increased sales monthly. Located in the heart of the already booming downtown market, within walking distance of the coming multimillion dollar art museum, new JW Marriot boutique hotel,& proposed new multi cinema complex, and already within walking distance to Vanandel Arena, Amway Grand Plaza, Courtyard Marriot, Days Inn, multiple condominium developments & the new multimillion dollar Devos Place. A 3 term renewable ten year lease wiht parking facilities for 100 cars already incorporated into a complimentary valet parking program for all reserved dining guests. A well educated and mature sales staff and an award winning CIA Certified Chef & Johnson % Wales Pastry Chef. The partners are willing to look at possible complete buyout with support if desired or a possible partnership. Email or call Kristi at 616-481-2273 for more information on this Steakhouse Restaurant business for sale.
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