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Businesses For Sale > Business For Sale in Port Huron, Michigan (MI)
Profitable Upscale Restaurant for sale in Port Huron, MI
Port Huron, Michigan (MI)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 1,200,000 |
$ 2,206,619 |
$ 155,648 |
Furniture and Fixtures Value:
$ 200,000 (included in the asking price)
Inventory Value:
$ 80,000 (included in the asking price)
Real Estate:
$ 750,000 (included in the asking price)
Business Summary:
This restaurant provides upscale dining in a casual atmosphere. Committed to providing an exceptional dining experience, the restaurant offers a selection of high-quality, fresh, and regionally sourced cuisine as well as an assortment of fine wines, draft beers, and cocktails.
The restaurant is situated in a 125-year-old fully restored historic building in a bustling downtown area. The space boasts an inviting atmosphere, complete with a full bar and dining area, three private dining rooms, and a rooftop seating area and bar. The historic building is included with the sale of the restaurant.
The restaurant is well-loved by both locals and tourists visiting the area, as evidenced by its impressive 4.6-star average rating across over 1,000 Google reviews. Additionally, the business demonstrates strong financial stability, generating approximately $2 million in both 2021 and 2022. As the year 2023 progresses, it continues to demonstrate a trajectory of sustained success.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.
You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK OR A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email [email protected] and request a PDF version.
Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you will be sent to you from the advisor. They will be happy to correspond and answer your questions directly. Thank you for your time!
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| Year
Business was Established: 2007 |
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| Number of Employees:
30 PT |
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Facilities / Terms of Lease:
125-year-old, fully restored historic building features 6,000 sq. ft. with a full bar and dining area, three private dining rooms, and a rooftop seating area and bar. |
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Potential
Growth/Expansion:
Growth Opportunities:
(1) Open On Sundays
(2) Create a Brunch Menu
(3) Increase Marketing |
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Competition:
Investment Highlights Include:
(1) Consistently High Profitability
(2) Updated Historic Facility
(3) Prime Location |
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Owner
willing to finance:
Limited Seller-Financing Available for Qualified Buyers. |
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Owner
willing to train:
Ownership is willing to provide reasonable and customary transition assistance. He is willing to continue working for the business for at least 6 months. |
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Reason for selling:
Ownership would like to pursue retirement. |
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Seller Reference Number: 838
BusinessMart.com Listing Number: 304358 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Matt Baas
Small Business Deal Advisors, LLC
844.889.7232
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