Highly Profitable Restaurant for sale
Undisclosed Address, Dundee, MI 48131
|Catylist Listing ID:
Food and Beverage
|Building Size (RSF):
|Name of Establishment:
||See Agent for details
|Year Business Established:
Overview / Comments
200 seat restaurant with an attached banquet room that can seat up to 68 more people, and there is a Pizzeria located in end unit of building that would be included with the sale. Seller is motivated and ready to make a deal, recently reduced his asking price down to $350,000 and includes all FF&E. Equipment list available upon request. The building is also available for sale and has 2 large rental apartments upstairs, and the street level commercial space - asking price for the building is $499,000. Purchaser can make an offer on both Business and building or business only.
**Michigan National Guard buys 44 acres in Dundee for 'super armory' This will bring massive traffic to the area!
Attachments & Media
|Reason for Selling:
||Owner is ready to semi retire, they are looking to downsize and open a smaller "mom & pop" restaurant out of area.
|Value of Inventory Included ($):
|Value of Furniture, Fixtures, and Equipment ($):
|Real Estate Status:
|Value of Real Estate Included ($):
|Real Estate Lease Description:
||The building that restaurant is occupying is also for sale at $499,000 or continue to lease the space from current owner.
||The Michigan National Guard has purchased 44 acres of land in Dundee with plans to build a "super armory." Based on a national strategic study of armories prepared for Congress, Dundee was identified as a high-value area because of the large population within a one-hour driving distance, according to a news release from the Michigan Department of Military & Veteran Affairs.
The land, purchased from Monroe Bank & Trust, cost $600,000 and construction of the armory and maintenance facility will cost about $42 million, according to Col. Edward Hallenbeck, chief facilities and maintenance officer for the Michigan National Guard.
|Seller Financing Description:
||See Agent for possible land contract terms.
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