Family-Owned Diner
Monroe County, MI
| Asking Price: | $184,999 |
| Rent: | $2,755/Month |
| Gross Revenue: | $731,497 |
| Established Year: | 2014 |
Listing ID: 2307558Listing provided by BizBuySell
BUSINESS DESCRIPTION
Breakfast/Lunch Restaurant
This is a well-known Breakfast/Lunch Restaurant located in a popular strip center in Monroe County. It's on a busy road with plenty of residential and commercial properties in the surrounding areas. It was established in 2014 and has been under current ownership since 2019. The current owner is ready to retire.
The lease is a gross lease, and all equipment is in excellent condition and maintained regularly. A new owner can expand the business by opening for dinner.
Hours: Monday-Thursday 6:30am-4pm, Friday 6:30am-8pm, Saturday 7am-4pm, Sunday 7am-3pm
DETAILED INFORMATION
Location
Monroe County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,840
Employees
9
Facilities
The restaurant is 2,840 square feet, has seating for 126 people, and offers plenty of parking.
Competition
Not a lot of competition within the area.
Growth & Expansion
A new owner could grow the business by expanding the hours.
Financing
$135,000 down. Amortized for 3 years at 5%.
Support & Training
Seller is willing to train a new owner.
Reason for Selling
Retirement
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