$160,000 buys a Class C Liquor License - Restaurant included!
Location: Michigan > Washtenaw County > Ann Arbor
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $160,000
Gross Revenue: $395,729
Gross Revenue Comments: 2006 Fiscal Year
Cash Flow: $54,057
FF&E: $95,000 (Included in Asking Price)
Seller Financing: Cash Prefered
Business Summary
$ 160,000 Loyal clientele, excellent cuisine, and atmosphere have kept his family owned restaurant in business since 1982. Liquor license comes with sale of restaurant.
Contact Information
Contact: Michelle Webster
Phone: 734-929-9378
Email: michelle@mpabrokers.com
Contact Information
Contact: Michelle Webster
Phone: 734-929-9378
Email: michelle@mpabrokers.com
About the Business
Year Established: 1982
Employees: 4 full time - 6 part time
Facilities: Over 3600 feet of leased space, comfortable dining, in one of Ann Arbors busiest malls. Decor is welcoming, warm and inviting.
Market Outlook and Competition: Competition: This business is the one of the oldest, well respected in the community. Extremely loyal clientele. While there are other restaurants with this cuisine, this one has been voted the best for many years. Growth and Expansion: By increasing restaurant hours and with a little advertising, great potential is easily attainable.
About the Sale
Management Training and Support: Support/Training: Limited training.
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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