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Hometown Restaurant Looking for Modern Owner

Wyoming, MI (Kent County)

Seller Financing Available
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Asking Price: $490,000

Cash Flow: N/A

Gross Revenue: $605,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Hometown Restaurant Looking for Modern Owner

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Business Description

Over 50+ years in business, this turn-key restaurant is situated North of 68th Street along Division Avenue. Purchase comes with Banquet Hall (approx. 2,560 SF) and Sandi’s Restaurant (approx. 2,576 SF). Sandi’s comes with all Fixtures, Furniture and Equipment. The banquet hall can accommodate over 75 people and comes fully equipped with kitchen, coolers, shelving, racking, grillers and more. Included is a large, grandfathered pole sign along with building signage. Restaurant walking distance from Spectrum Health Facility on Division and 68th. The seller would entertain seller financing / Terms to qualified users.

Detailed Information

Location:
Wyoming, MI
Employees:
20
Facilities:
Restaurant comes with everything: All Fixtures, Furniture and Equipment; TWO (2) Buildings: Sandi’s Restaurant (approx. 2,576 SF and Banquet Hall approx. 2,560 SF). The banquet hall can accommodate over 75 people and the kitchen is fully equipped; ready for catering.
Competition:
Over 50+ years as a restaurant.
Growth & Expansion:
Expanded dinner hours; menu FULL Bar (Beer, Wine and Alcohol) Potential Club Keno Expanded Breakfast Menu FULL CATERING OPPORTUNITIES - Not opened or explored with current owners
Financing:
Yes - for qualified buyers
Support & Training:
Yes
Reason for Selling:
Retirement
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(from currently available funds)
 
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Joe Rizqallah

Business Listed By:
Joe Rizqallah

Signature Associates

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Sponsoring Broker:
Mark Woods

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