$1.6M+ Revenue Restaurant | ~$225K Cash Flow | Real Estate Included
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
Established full-service restaurant generating approximately $1.6M+ in consistent annual revenue with strong performance over multiple years. The business produces approximately $200K–$230K in normalized owner benefit (SDE), including owner salary and discretionary add-backs. Detailed financials available upon request with signed NDA.
This is a turnkey operation with an experienced kitchen and front-of-house management team in place, supported by a reliable and well-trained staff. The business has been consistently operated and offers a smooth transition for a new owner.
The facility is a purpose-built fine dining establishment constructed in 2011, featuring steel construction, high ceilings, and quality finishes throughout. The property includes approximately 2,680 sq. ft. of main dining space, a 1,224 sq. ft. banquet/event area (seating up to 72 guests), a 270 sq. ft. private dining room (seating up to 20 guests), a 1,332 sq. ft. fully equipped commercial kitchen, and a 1,548 sq. ft. basement for storage.
Additional features include a full-service bar, Class C liquor license, and both street and rear parking lot access. The layout supports both daily dining service and private events, providing multiple revenue streams.
The business operates in a stable market with strong repeat customer traffic and consistent demand. In addition to local residents, customers are drawn from surrounding communities, along with nearby college-related traffic, including visiting families and event-driven business.
Growth opportunities include expanding operating days beyond the current five-day schedule, as well as implementing targeted marketing efforts. The business has historically relied on word-of-mouth and repeat clientele, with significant potential to increase catering and event bookings through digital and local advertising.
Sale includes both the business and the seller-owned real estate, which was previously appraised at $850,000 (2022). The asking price reflects the combined value of the operating business and real estate.
The seller is committed to a smooth transition and will provide training and support during an initial period, with additional guidance available as needed.
This is a confidential sale. Additional information will be provided to qualified buyers upon execution of a Non-Disclosure Agreement.
This is a turnkey operation with an experienced kitchen and front-of-house management team in place, supported by a reliable and well-trained staff. The business has been consistently operated and offers a smooth transition for a new owner.
The facility is a purpose-built fine dining establishment constructed in 2011, featuring steel construction, high ceilings, and quality finishes throughout. The property includes approximately 2,680 sq. ft. of main dining space, a 1,224 sq. ft. banquet/event area (seating up to 72 guests), a 270 sq. ft. private dining room (seating up to 20 guests), a 1,332 sq. ft. fully equipped commercial kitchen, and a 1,548 sq. ft. basement for storage.
Additional features include a full-service bar, Class C liquor license, and both street and rear parking lot access. The layout supports both daily dining service and private events, providing multiple revenue streams.
The business operates in a stable market with strong repeat customer traffic and consistent demand. In addition to local residents, customers are drawn from surrounding communities, along with nearby college-related traffic, including visiting families and event-driven business.
Growth opportunities include expanding operating days beyond the current five-day schedule, as well as implementing targeted marketing efforts. The business has historically relied on word-of-mouth and repeat clientele, with significant potential to increase catering and event bookings through digital and local advertising.
Sale includes both the business and the seller-owned real estate, which was previously appraised at $850,000 (2022). The asking price reflects the combined value of the operating business and real estate.
The seller is committed to a smooth transition and will provide training and support during an initial period, with additional guidance available as needed.
This is a confidential sale. Additional information will be provided to qualified buyers upon execution of a Non-Disclosure Agreement.
About the Business
- Years in Operation
- 15
- Employees
- 30 (8 Full-time, 22 Part-time)
Experienced kitchen and front-of-house management in place, supported by a relia - Facilities & Assets
- Purpose-built fine dining facility constructed in 2011 with steel construction, high ceilings, and quality finishes throughout. The building is designed for efficient full-service restaurant operations and an elevated guest experience.
The property includes approximately:
• 2,680 sq. ft. main dining area
• 1,224 sq. ft. banquet/event space (seating up to 72 guests)
• 270 sq. ft. private dining room (seating up to 20 guests)
• 1,332 sq. ft. fully equipped commercial kitchen
• 1,548 sq. ft. basement storage area
Additional features include a full-service bar area, a Class C liquor license, and both street parking and a rear parking lot for customer convenience.
The layout supports both regular dining service and private events, providing multiple revenue streams.
Sale includes furniture, fixtures, and equipment (FF&E) necessary for ongoing operations. - Market Outlook / Competition
- The business operates in a stable local market with strong repeat customer traffic and consistent demand for both dining and private events. In addition to local residents, the restaurant draws customers from surrounding communities, supporting steady year-round revenue.
The location also benefits from proximity to a nearby private college, contributing seasonal traffic, visiting families, and event-driven business throughout the year.
Competition in the area is primarily casual dining, while this business maintains a differentiated position through its full-service dining experience, banquet/event capabilities, and established reputation.
The combination of local demand, regional draw, and multiple revenue streams has supported consistent performance over time. - Opportunities for Growth
- The business offers several clear and achievable opportunities for growth. Currently operating five days per week, extending hours to include one or two additional days could increase revenue with minimal changes to the existing model, as current financials are based on the five-day schedule.
Additional upside exists through targeted marketing efforts. The business has historically relied on word-of-mouth and repeat customers, with limited advertising. Implementing digital marketing, social media, and targeted promotion (particularly for catering and private events) could further increase bookings and overall revenue.
With established operations, experienced staff, and existing demand, the business is well positioned for a new owner to implement these opportunities and drive additional growth.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 7,680
About the Sale
- Seller Motivation
- The sale represents a planned transition following long-term involvement with th
- Transition Support
- The seller is committed to ensuring a smooth and successful transition for a new owner. Training will be provided on day-to-day operations, including pricing, ordering, menu execution, event coordination, and overall business management.
The seller is available to assist on-site during an initial transition period, with the length and scope to be mutually agreed upon.
In addition, the seller is willing to provide ongoing support via phone or email for an extended period following the transition to answer questions and provide guidance as needed.
The business benefits from an established management team and experienced staff, further supporting a seamless ownership transition. - Financing Options
- Partial seller financing available for qualified buyers; terms negotiable.
Listing Info
- ID
- 2503984
- Listing Views
- 27
Listing ID: 2503984 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleMichigan Businesses for SaleMichigan Food & Beverage Businesses for SaleMichigan Restaurants Businesses for Sale
Similar Listings
