Large Profitable Restaurant And More
Location Michigan,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1663677
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1973
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description This is a well established restaurant that offers something for everyone. It is a full service restaurant that includes a liquor license. The restaurant is a favorite for holiday and family get-togethers with its wonderful buffets and inviting atmosphere. The business also offers a deli, catering, gift shop and banquets. There is not much more to ask for here. The business is located in Northern Michigan in a very popular tourism town and offers a wonderful location and easy access. The building is approximately 15,000 sq. ft. which includes 5,000 sq. ft. of dining space. There is a large parking lot with easy access which welcomes busses and large groups. There is a wonderful established reputation here that despite the falling local economy has still maintained sales above 1.6 million*. The family is recovering from a death and wishes to pursue other interests. The package price is 950,000 however there is a lease option available. The business price is $550,000 with the lease option payment of $2,900 a month. The options for the business are endless so start exploring Michigan with a great opportunity at your fingertips. Contact for more information on this Restaurant for sale.
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