Two Award Winning Restaurants for sale! Big Revenue and Great locations! This is a rare opportunity to purchase two highly successful restaurants in busy community. These Restaurants for Sale have grown a solid reputation in the area, and this is the perfect opportunity for someone to come in and buy a small restaurant company with revenues in excess of 4 million dollars!We Sell Restaurants is proud to offer this package deal of these award-winning Restaurants for Sale. One is a Mexican Grill for Sale, and the other is a Bar and Grill for Sale! These restaurants for sale have one of the best locations on the market today. They are located in a high traffic location close to the shores of Lake Michigan.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.Please click on the tab below to easily acknowledge confidentiality on this . For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Scott Ruby at (612) 352-8718
Lease Term: 5 year lease
Monthly Rent: $8500 | 11000
Indoor Seating: 137 | 111
Inside Sq. Ft: 5500 | 5900
Hood System: Yes
Neighboring Businesses: Tourist area on Lake Michigan surrounded by businesses, residential and supporting businesses.
Hours Open: Sun - Thurs - 11am - 9pm Fri - Sat - 11am - 10pm
# of Part-Time Employees: 49 | 49
# of Full-Time Employees: 24 | 14
Net Sales: $4004353.94
Owner Benefit: $708095.1
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