This is a great opportunity to own a very successful, high volume, Breakfast/Lunch Restaurant in Ottawa County. Established in 2014, well-known 130-seat restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent condition and maintained regularly! Recently remodeled and shows beautifully! Full menu consists of Breakfast & Lunch dishes! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding catering/deliveries, corporate accounts, opening on Sundays and extending the hours to serve dinner, you have HUGE potential to the already high gross sales and cashflow. Great location with major anchors in the immediate area and unlimited growth opportunities! Perfect for a husband/wife team or family. A must see/must have business that will not disappoint! Great online reviews and high cashflow! Turn-key operation only needing a new owner/operator! Seller will train and entertain all reasonable offers!! Call Armen Nazarian Business Brokers
- Asking Price:
- $649,000
- Sales Revenue:
- $1,044,148
- Cash Flow:
- $345,249
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
All equipment is in excellent condition and maintained regularly! Recently remodeled and shows beautifully! Full menu consists of Breakfast & Lunch dishes!
- Size in square feet:
- 4,000
Business Operation
- Expansion Potential:
-
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding catering/deliveries, corporate accounts, opening on Sundays and extending the hours to serve dinner, you have HUGE potential to the already high gross sales and cashflow. Great location with major anchors in the immediate area and unlimited growth opportunities!
- Reasons for selling:
-
Other Business Interests
- Employees:
- 13
- Years established:
- 10
Other Information
- Support & training:
-
seller will train
- Financing available:
-
$649,000 with $400,000 down. 8% int., amortized over 120 months, balloon due in 36 months
- Inventory / Stock value:
- $10,000
