Central Michigan Waterfront Restaurant & Bar ** PRICE REDUCED **
| Cash Flow: | $150,000 |
| Real Estate: | $220,000 |
| Gross Revenue: | $1,100,000 |
| Established Year: | 2014 |
This profitable family-owned restaurant with a scenic location proudly serves travelers and the local community. They offer a diverse menu of American food and hand-tossed pizza served in a friendly environment with prompt service. Overlooking the water is a year-round outdoor seating area with patio heaters.
Sales have grown consistently over the last four years and include profitable takeout and delivery services. 2023 revenue was an all-time record and reflects growth of almost 40% compared to 2019 before Covid. The building is in good condition with a recently replaced roof, new façade and updated kitchen equipment. The business is priced for quick sale and the owner is willing to transfer ownership after a conditional liquor license approval.
Details:
2023 Revenue: $1,100,000
2024 Ytd Sept Revenue: $850,000
2023 SDE: $146,000
2024 Ytd Sept SDE: $181,000
Real Estate: 3,500 square feet on 0.25 acres; $220,000 estimated value
Employees: 25 full and part-time
Investment Highlights:
• Scenic waterfront setting with outdoor seating
• Consistent sales growth and profitability
• Located near a major interstate
