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Businesses For Sale   >>   Michigan Businesses For Sale

Cozy Family Restaurant With 3 Rental Units

Location  Michigan,United States
Asking Price Range  < $250K
Gross Revenues  $40000
Net Profit / Cash Flow  $40000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2005
Number of Employees  4 - 5
Inventory  13000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Reason for Sale  Health and personal issues.

Description  
Cozy restaurant with 3 rental units upstairs and separate laundry room facilities, coin operated washer and dryer available for tenants, owner has cash box key. Great Business and Income opportunity! Building has 3 apartments upstairs / laundry room downstairs great for additional income which all are currently rented out. Downstairs is a restaurant but could be changed into any type of business or 2 different businesses. Restaurant has 2 bathrooms and comes with Air conditioning, grill, $15000.00 hooded vent system purchased in the last 3 years, 1, 2 place food warmer and 1, 3-place food warmers by Ad Craft, 2 basket deep fryer, 2 burner gas stove, prep and condiment table/cooler, microwave, chest freezer, refrigerator, display case, electronic cash register and coke fountain system. Building has a new roof in 2005. Due to age and personal & health issues I have rented the restaurant and would like to sell. I am willing to sell for $175,000 or if you would like to lease the downstairs for a business it would be $700.00 a month plus utilities + $700.00 deposit. It will be available to move in immediately. When inquiring call Judy at 989-255-7620 for more information on this Family Restaurant/rental units for sale.


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