Restaurant w/ R.E. in Resort Location-Asset Sale Highly Motivated!! (ID: 1098790)

Business Description

The Sellers are highly motivated to sell and have reduced the price to the Fair Market Value of the Assets.
The Business is a very exciting combination of a casual dining restaurant (open currently for breakfast and lunch only), Bakery, and custom caterer with an outstanding location only a few blocks from the Marina, waterfront and beach in a Resort community that is growing in Western Michigan. The foot traffic is exceptional with Family vacationers, downtown shoppers, campers, boaters, beach goers and weekend cottage owners supplementing the normal local clientele.
Chef Kelli has kept the restaurant menu s limited and appealing to a broad base of Diners while adding her special touch to differentiate these items from the ordinary! Diner s looking for a real culinary delight will not be disappointed here! Soups, salads and sandwiches accompanied by specialty beverages and coffee s! Top it all off with a choice of homemade desserts made fresh daily that are second to none.
There are obvious growth opportunities here by expanding hours and adding dinner, especially during the peak vacation seasons. There are specific liquor licenses that can be created specifically for this location and are available if the buyer should want; and, there is development grant money available for expansion on this sight!
They have established a strong base in the wedding/special event cake and pastry business which offers a second base to expand upon as the current staff is well trained in all aspects of this specialty market. The in-store cases are full of sweet treats such as muffins, scones, cinnamon rolls, cakes, pies and rolls for those customers looking to cure their sweet teeth.
Custom Catering for ongoing events as well as special occasions provides the challenge and the opportunity to utilize all of the skills and creative ability that the new owner may possess.

About the Business

Year Established: 2004
Number of Employees: 2ft 12pt

Facilities: The restaurant facility is located in the center of the downtown commercial district on a lot of approximately 0.0458 acres (1,995 square feet) and all usable land is used by the building. The Steel and Brick (masonry) building was built in 1950 with significant renovations done in 2004. The Gross Building Area is approximately 3,406 SqFt. There is room for some expansion by building up and the basement is beautifully improved to accommodate parties as referenced above.

Market Outlook/Competition: The Downtown Development Board is offering a number of incentives and grants to businesses in the downtown district which apply to this location such as: Grants to make cosmetic changes to the exterior appearance Development Grants for build-up of additional interior space (could apply to apartments if buyer decides to take that direction) Liquor licenses specific to this site Potential tax incentives for new owners This is a unique and very special opportunity for several reasons. If the Buyer wants to continue with the business as currently structured, then the base has been established upon which to grow and prosper. If the Buyer wants to change the current format to fit their own strengths and interests, then the location offers the flexibility and incentives to support those changes. If you are an entrepreneur looking for the right location to live and enjoy the fruits of your labor then please call immediately. Broker: Terry Snyder @231-924-2010

About the Sale

Reason For Selling: Wedding Bells!!!! A chance to bake her own special cake!

Training/Support: 30 days free, additional training available as consulting.