Full-Service Riverfront Restaurant - South Central Michigan

Asking Price$2,200,000

Cash Flow
$76,433
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,600,433

Inventory$74,182
Not included in asking price
FF&E$717,772
Included in asking price
Real Estate$2,000,000
Included in asking price
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Full-Service Riverfront Restaurant - South Central Michigan


Asking Price$2,200,000

Cash Flow
$76,433
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,600,433

Inventory$74,182
Not included in asking price
FF&E$717,772
Included in asking price
Real Estate$2,000,000
Included in asking price
Business Description
Great Location & Atmosphere!
This charming Riverfront Restaurant is housed in a beautifully restored building dating back over a century. Since opening its doors in 1992, it has become known for its rich history, flavorful cuisine, and the warm, laid-back atmosphere that welcomes guests the moment they arrive.

After 33 years at the helm, the owner is seeking to sell the Restaurant in order to pursue retirement, and hopes to sell to someone who is passionate about preserving the historic character of the Business and continuing its legacy into the future.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.

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Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you will be sent to you from the advisor. They will be happy to correspond and answer your questions directly. Thank you for your time!
About the Business
Years in Operation
33
Employees
55
Facilities & Assets
The restaurant is in a charming historic riverfront building and includes a dining room, banquet room, and outdoor patio, as well as a kitchen, bar, and restrooms.
Market Outlook / Competition
Investment Highlights Include:
(1) Location & Atmosphere
(2) Diverse Menu with Quality Offerings
(3) Fair Pricing
(4) SBA Financing
Opportunities for Growth
Growth Opportunities:
(1) Significant Local Investment by Multiple Established Companies
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
11,273
About the Sale
Seller Motivation
Ownership is pursuing retirement.
Transition Support
Ownership is willing to provide reasonable and customary transition assistance up to one year.
Financing Options
~$1.25M in assumable SBA financing at 3.75% interest rate.
Listing Info
ID
2371001
Listing Views
429

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Business Listed by: Small Business Deal Advisors Small Business Deal Advisors

Listing ID: 2371001 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.