Own the Restaurant and the land on Main Street in Otsego, Michigan!!

Asking Price$349,000

Cash Flow
$95,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$250,000
Not included in asking price
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Own the Restaurant and the land on Main Street in Otsego, Michigan!!


Asking Price$349,000

Cash Flow
$95,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$250,000
Not included in asking price

Seller Financing Available
Business Description
This profitable, well-established Breakfast and lunch restaurant includes the corner real estate and a very nice parking lot in the growing small town of Otsego, Michigan. Plenty of room to expand and grow as the facility has a large, unused room and a nice basement for extra storage. Add dinner and open up 7 days a week is the quick path to easily double sales in this already profitable venture. Priced to sell-- So hurry if you are interested!!
About the Business
Years in Operation
24
Employees
5
Opportunities for Growth
Due to restraints on the owner/manager's time, the business has been closed two days a week-- Opening 7 days a week and adding a liquor license will double sales. Also, open up for dinner and make use of the extra banquet room to really capitalize on this opportunity.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Owner has a young child she would like to be in the home with during the day.
Listing Info
ID
2297790
Listing Views
951

Contact Seller

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Business Listed by: Joel Erwin BIZBUZZ BUSINESS BROKERAGE

Listing ID: 2297790 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.