Catylist ID: #30188161
Grille in the Ville
Undisclosed Address, Michigan
Business Opportunity for Sale
|Catylist Listing ID:||30188161|
|Property Subtypes:||Food and Beverage|
|Building Size (RSF):||3,500 SF|
|Name of Establishment:||Grille in the Ville|
|Business Website Address:||http://www.grilleintheville.com/|
|Year Business Established:||2011|
|Gross Revenue:||$350,000 (Annual)|
|Cash Flow:||$0 (Annual)|
|Sale Terms:||We are seeking a traditional cash to seller sale.|
Overview / Comments
Fantastic opportunity for a turnkey operation with real estate!
The Grille in the Ville is a successful restaurant in the heart of Fowlerville, Michigan. Opening in 2011 the restaurant has seen nothing but positive and steady growth year over year. This is a lunch and dinner restaurant operated by a husband and wife team. Their mission was to bring a quality dinning experience at reasonable prices to the village and the have accomplished that in spades.
The building is in pristine condition as it was renovated completely when they purchased it in 2011. The restaurant also includes a private banquet room in the lower level. All mechanicals for the building are also new. There is a two bedroom apartment on the second level with a private entrance. The current rental rate is $800 per month and it is leased.
The sale includes real estate, furniture, fixtures, equipment, inventory and a class C liquor license. This businesses has a tremendous potential for growth by increasing hours and days of operation as well as focusing more on alcohol sales. Currently alcohol is just 5% of the gross revenue.
|Reason for Selling:||Operators are looking to retire. They will continue to operate the business until a sale is successfully completed.|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$0|
|Real Estate Status:||Real Property|
|Value of Real Estate Included ($):||$265,000|
|Seller Financing Description:||Seller financing my be considered.|
Trevor L BrooksLaurex CPIX Member
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