A Rare Opportunity to Own a Thriving Fine Dining Restaurant and Prime Real Estate
This well-established fine dining restaurant is renowned for its fresh seafood, local meats, artisan cheeses, and small farm produce, all prepared with classic culinary techniques. Paired with an extensive selection of wines, craft beers, and specialty cocktails, this restaurant offers a truly exceptional dining experience.
Business Highlights:
Farm-to-Table Focus: Featuring fresh seafood, locally sourced meats, artisanal cheeses, and small farm produce, all prepared with attention to detail and quality.
Award-Winning Menu: A curated selection of dishes, expertly paired with a wide variety of fine wines, craft beers, and signature beverages.
Highly Profitable: Consistent, high revenue with a loyal clientele and strong reputation in the community.
Turn-Key Operation: Fully staffed and equipped, ready for immediate ownership.
Included Real Estate:
Condominiums Above: Two residential shell units ready for development 1680 square feet each, located directly above the restaurant, providing additional income potential.
Additional Suite Next Door: 2,737 square foot versatile suite ideal for expansion, private events, or leasing, offering further growth opportunities.
Prime Location & Upscale Atmosphere: Situated in a vibrant area with high foot traffic and easy access to local attractions, making it a go-to destination for diners.
Elegant Interior: Thoughtfully designed to provide a warm, sophisticated atmosphere for guests, ideal for both casual dining and special occasions.
Why Invest?
Turn-Key Business & Real Estate Investment: A rare chance to acquire a successful restaurant operation along with valuable real estate.
Multiple Revenue Streams: The restaurant, condominiums, and additional suite offer diverse and reliable income sources.
Strong Growth Potential: Opportunities to expand business hours, add catering services, or use the adjacent suite for events or additional seating.
Financial Information
$1,634,000
Asking Price
$296,638
Cash Flow
$1,345,868
Gross Revenue
N/A
Down Payment
Business Location
City:
Kalamazoo
State:Michigan
Reason for Sale
Retirement
Detailed information
Year Established:2009
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 16
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
N/A
Inventory Included: Yes
Inventory Value:
$35,000
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value:
$774,000
FF&E Included?: Yes
FF&E Value: $133,000
Training/Support
30 days
Facilities
Restaurant: 51 indoor seats, 18 patio seats, 5 bar seats Includes all furniture, equipment & inventory Real Estate: 3 story building, 1680 square feet per floor X 3 floors, 1,000 square foot basement Real Estate: Main level Unit 2,737 square feet, Full basement
Market Outlook/Competition
This thriving restaurant is positioned in an ideal market with strong demand and minimal competition, offering an excellent opportunity for continued growth. Located in a high-traffic area, it benefits from a loyal customer base and steady footfall. The limited competition in the surrounding area allows this restaurant to stand out as a go-to destination for quality dining, creating a strong foothold in the local market. With an established reputation and favorable market conditions.
Real Estate Description
Included Real Estate:
Commercial Space the Restaurant is located in, 1680 square feet
Condominiums Above: Two residential shell units ready for development 1680 square feet each, located directly above the restaurant, providing additional income potential.
Additional Suite Next Door: 2,737 square foot versatile suite ideal for expansion, private events, or leasing, offering further growth opportunities.
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