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Longtime Restaurant For Sale

Genesee County, Michigan, United States
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Asking Price$699,900
Revenue$750,000 EstablishedUndisclosed
Cash Flow$0 Employees12 full, 10 part
FF&E$50,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Longtime successful well run restaurant looking for a new owner. The current owner is making a great income on this restaurant but is only willing to share those numbers with the right buyer. The seating capacity of this restaurant is over 100 and is on a main street with plenty of commercial and residential clientele. Current owner owns the building and would like to sell both the business and the building. The price listed is just for the business, please negotiate with the owner for the price of the building if you wish to also purchase the building. This restaurant is a must see, great cash flow, low down payment, its well run in a great location. You can get in for very little down and have great cash flow on this turn key restaurant. The current owner is willing to work with the new owner for a period of time to ease the transition with the employees and clientele. The owner is also selling listing number 28689 if you are looking to purchase two restaurants.Please contact the broker at 1-877-735-5224. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:120,000.00 Down & $579,900 @ 6% over ten years
Sale Reason:Other business interest.
Ad #88478
Seller Reference #28690
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Contact This Seller
Steven Mencini
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