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
Sale Price: $395,000
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)
Living Accomodations: Yes
Sale Terms: We are seeking a traditional cash to seller sale.
Last Updated: 7/19/2018

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.

Additional Details

Industry Segment: Restaurants
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.

Demographic Statistics

Proximity: 5 miles
Total Population: 2,593
Median Age: 44.17
Households: 1,031

Contact

Photograph of Listing Agent

Trevor L Brooks

Laurex CPIX Member
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