Highly Profitable Restaurant for sale

Undisclosed Address, Dundee, MI 48131
Business Opportunity for Sale
Catylist Listing ID: 30294824
Property Subtypes: Food and Beverage
Building Size (RSF): 7,322 SF
Sale Price: $619,000
Name of Establishment: See Agent for details
Year Business Established: 2015
Gross Revenue: $450,000 (Annual)
Cash Flow: $200,000 (Annual)
Relocatable Business: Yes
Last Updated: 7/11/2018

Overview / Comments

This is a 200 seat restaurant with a banquet room attached that will seat up to 68 people total, and there is a Pizzeria located in the same building that is also included with the purchase as well. Seller is asking $619,000 for business and the building is available for an additional $499,000... Buyer can make an offer to combine both business and building for purchase.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner is ready to semi retire and looking to downsize and open a smaller "mom & pop" restaurant out of state.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
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.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,783 5,463 14,380
Median Age: 33.38 38 39.29
Households: 724 2,077 5,357
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