Highly Profitable Northern Michigan Restaurant With $416K Cash Flow & Real Estate! 56060
Not Disclosed, MI Otsego County
Asking Price:
$1,300,000
Annual Revenue:
$1,094,111
Request More Information Contact the Seller
- RE: Highly Profitable Northern Michigan Restaurant With $416K Cash Flow & Real Estate! 56060
- Contact: Sunbelt Business Advisors
Owner Financing is Available!
Quick Facts
| Asking Price: | $1,300,000 | |
| Annual Revenue: | $1,094,111 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $416,691 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $60,000 | |
| Real Estate: | $700,000 | |
| Year Established: | 1986 | |
| Employees: | 13 | |
| BBN Listing #: | SB-56060 | |
| Broker Reference #: | MINNEMN003-56060 |
Business Overview:
Highly Profitable Northern Michigan Restaurant with $416K Cash Flow & Real Estate!Well-established restaurant in Northern Michigan with nearly 40 years of success. Located in a prime, high-traffic area, it offers a loyal customer base, a streamlined operation, and a niche menu. The 4,000 sq. ft. facility includes spacious dining, a fully equipped kitchen, parking, and additional storage.Key Highlights:•Proven Success: 40 years in operation with strong community reputation.•Prime Location: Easy access along a major interstate.•Unique Niche: Specialty menu in a lightly saturated market.•Efficient Operations: Quick service ensures high turnover and customer satisfaction.•Real Estate Included: Property valued at $700,000.Growth Opportunities: Expand digital presence, update menu offerings, extend hours, and partner with local businesses to attract more traffic.Financial Overview:•Revenue: $1,094,111•Cash Flow: $416,691•Seller Financing and SBA options available.Ideal Buyer: Perfect for owner-operators, experienced restaurateurs, or investors seeking a profitable addition to their portfolio.Interested buyers should have $217,000 in available capital for the down payment. Sunbelt Listing ID: 56060To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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