Location: West Michigan
Industry: American Restaurants
Listing ID: JPL
This restaurant is a beloved family owned and operated American fare restaurant that has been a part of the community for almost forty years. The restaurant has been in the same family since its establishment. The restaurant provides a family friendly environment and specializes in homecooked meals at a reasonable price.
The restaurant serves breakfast, lunch, and dinner, with breakfast available for purchase all day long. The entire menu is available for takeout orders as well.
There is an apartment that is included in the restaurant building’s purchase price. The owner of the restaurant also owns another small building that is included in the restaurant’s building’s purchase price as well.
Opportunities for Growth
(1) Expand restaurant hours.
(2) Offer Delivery Services: The restaurant only does takeout. The restaurant is located in a high traffic area. The restaurant could easily provide delivery services within a 3–5-mile radius and generate further income.
(1) Highly Rated & Well Known: Well-loved staple restaurant in the community. Google rating of 4.6 with 1,000 reviews.
(2) Recently Updated Facility & Equipment: The facility is relatively new and in excellent condition. The facility recently was updated with several equipment upgrades.
(3) Located in a High Traffic Area
Total Sales: $1,295,000
Cash Flow: $250,000