Central Michigan Waterfront Restaurant & Bar

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.

The business is priced for quick sale and the owner is willing to transfer ownership after a conditional liquor license approval, allowing the new owner to capitalize on the highly profitable summer season.

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.

Listing ID:

EGS-24055344-50

Location:

Michigan

Type of Business:

Restauarant & Bar

Asking Price:

$529,000 includes real estate (plus inventory)

Gross Revenue:

$1,100,000

Cash Flow:

$146,000

Inventory:

Ask for details

FF&E:

Ask for details

Employees:

25 – full and part time

Real Estate / Lease Terms:

3,500 square feet on 0.25 acres; $220,000 estimated value

Growth Opportunity:

  • Double or triple outdoor deck space
  • Install serving window to capitalize on new park being developed on the adjacent property
  • Evaluate extended hours

Highlights:

  • Scenic waterfront setting with outdoor seating
  • Consistent sales growth and profitability
  • Located near a major interstate

Support & Training:

Owner is willing to assist the transition

Reason for Selling:

Focus on other opportunities

Broker Contact:

E. Brad Scoffin – Advanced Business Brokers

Direct: 269-903-8143

Fax: 248-564-5259

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. ​Above information is subject to change and/or correction and should not be considered binding.