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Restaurant And Pub Near Alma/Mount Pleasant, Michigan For Sale

Michigan, US
Asking Price:
Undisclosed Inventory / Stock included
Sales Revenue:
$829,838
Cash Flow:
$118,054

This Restaurant and Pub operates in a historic building believed to be a bar since around 1900. It enjoys a strong lunch business during the week from the local business community. In the evenings, the Business enjoys a loyal, recurring customer base of local families and individuals who dine there frequently. Many regular patrons frequent the establishment multiple times per week. They are known on a first name basis by the staff and enjoy the consistently high-quality food, friendly service, and affordable prices. There is also a private, reservable dining room available for local groups to host business meetings, meet up after sporting events, and other special occasions.

The business is very profitable, with sales and earnings performing consistently since the current owners purchased the business in 2019. At this time, the owners are seeking to sell the Business in order to pursue retirement.

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 Information Memorandum (CIM) 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!

Property Information

Real Estate:

Real Property Included

Living Accommodation:

n/a

Location:

Near Alma/Mount Pleasant, Michigan

Premises Details:

The Restaurant occupies the first floor of three adjoining historic buildings. There is a main dining area and a dining conference room with seating for 95 patrons and a waiting area where merchandise is also available for purchase.

Size in square feet:
12,864

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

(1) Increase Prices
(2) Expand Hours of Operation
(3) Expand Kitchen
(4) Develop Second Stories

Competition / Market:

(1) High-Quality Food
(2) Exceptional Service
(3) Lack of Competition

Reasons for selling:

Retirement

Employees:
24
Years established:
2011

Other Information

Support & training:

Ownership is willing to provide reasonable and customary transition assistance.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Limited seller-financing is available for qualified buyers.

Furniture / Fixtures value:
$32,630
Inventory / Stock value:
$14,390 - included in the asking price