UNDER LOI – Popular Turnkey Breakfast and Lunch Restaurant, Kalamazoo County, MI

UNDER LOI – Want to be successful in the restaurant industry? Start with a successful restaurant! This well-known establishment has been pleasing customers for over two decades. You can experience the fun and satisfaction of providing excellent food to a discerning clientele on the very first day.

Serving breakfast and lunch this restaurant has manageable hours. Seasoned staff and a fantastic customer base that enjoy the consistency and quality that has been their trademark. Numbers from 2022 are great, showing consistent growth and profits. This is an investment with instant ROI that will make the CPA and Bank happy too.

Listing ID:

MSMM-21095281-67

Location:

Kalamazoo County Michigan

Type of Business:

Breakfast / Lunch Restaurant

Asking Price:

$195,000

Gross Revenue:

$876,953 (2022)

Cash Flow:

$139,491

Inventory:

$10,000 Included

FF&E:

$125,000

(Included in asking price)

Established:

1993

Employees:

Owner plus 5 FT / 5 P/T

Facilities:

Modern kitchen and fixtures, in a high traffic area of town, ideally positioned in a retail strip center with high visibility.  This restaurant has great natural light with an excellent layout and seating for 92.

Real Estate / Lease Terms:

Currently leased, 3000 Sq/ft in an upscale area with over 13,000 cars a day. Landlord will work with new owners to establish a new lease.

Growth Opportunity:

There is room to grow. Adding a dinner menu, food trucks, ghost kitchens and off-site catering are directions a new owner could choose to expand that have great potential. 

Competition:

Shrinking competition in the restaurant business overall. The upscale breakfast, lunch crowd is expanding. Beside core customers, this location supports many diners who choose among the variety of options in the local market. 

Support & Training:

Highly organized Seller will provide training to help the purchaser take over providing a smooth transition while learning the business and its operating activities. Consistency and continuity are the seller’s number one priority.   

Reason for Selling:

Seller wants to retire. 

Broker Contact:

Frank Cobb – Main Street Market Maker a division of Advanced Business Advisors, LLC

Direct: 231-750-1400

Fax: 248-564-5259

For more information, fill out the form below:

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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.