Sinclair Grill - Webberville, MI

Business Opportunity for Sale
Catylist Listing ID: 29983497
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $239,000
Name of Establishment: Sinclair Grill
Year Business Established: 1950
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to seller
Last Updated: 4/16/2017

Overview / Comments

This is a thriving business with varied streams of revenue:

* Breakfast starting @ 7:00 am * Lunch & dinner 'til 9:00 pm * Beer/Wine/Cocktails 'til 9:00 most nights * Wed. Night Bike Night * Music on Fri. & Sat. 'til 11:00 pm * Take out * Catering * Patio Seating

But Wait, There's More!

* There is another attached lot that could be used for additional parking, or to expand the existing building. * With the expanding employment base, there is a huge opportunity to grow the catering side of the business * Hours could be expanded to take advantage of the later crowd for food and beverage.

But one of the best things about this opportunity is the motivation of the owner to sell - FAST! The owner needs to move soon, and is willing to look at any reasonable cash offer.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Industry Segment: Restaurants
Reason for Selling: Family considerations.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Real Estate Lease Description: N/A
Mgmt/Training Support Description: Owner will mentor new owner.
Competition/Market Description: Regional destination Grill & Bar. Business attracts from all of the small communities between Lansing and Howell - and beyond. The cool niche of a Wed. night Bike night attracts patrons from far and wide - even outside the State. Yet, this has long been an attraction to the towns and villages that are near, but really gets that commute customer especially for breakfast & lunch.
Growth/Expansion Opportunities: Adjacent lot could be developed for additional parking or to further restaurant opportunities.
Seller Financing Description: Cash to Seller

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,439 2,285 14,659
Median Age: 37.15 39.15 37.58
Households: 577 880 5,441


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