A Michigan Historic Restaurant & Bakery

Michigan
Asking Price: $1,950,000
Business For Sale Details
Listed on Oct 7, 2024

Significant Opportunities for Growth or Flexible Work/Life Balance

This well-established, family-owned business, with over a century of history, is a beloved brand offering a full-service restaurant along with retail, wholesale, and e-commerce operations. Renowned for its homemade goods and local souvenirs, it generates approximately $250,000 profit annually during its peak operating season from May to October, with additional income from gift sales during the holiday months. The current seasonal structure provides a flexible lifestyle, allowing owners extended downtime in the off-season or the potential to expand operations to drive higher revenue year-round.

New ownership offers a wealth of growth opportunities, from extending the season into the holiday months to adding breakfast service or acquiring a liquor license, which would diversify the dining experience. The business has recently upgraded its e-commerce platform, providing the foundation for scaling online sales with further potential through additional marketplaces like Amazon and Walmart. Expanding wholesale distribution also presents a valuable opportunity, particularly by tapping into untapped regions and customers.

Other growth strategies include launching a food truck to serve the brand’s signature products at events and festivals, boosting off-season sales through gift shows, and exploring franchising to replicate its success in new locations. With a loyal customer base and strong brand equity, this business is primed for further success under new ownership, providing flexibility to either maintain its current model or pursue significant growth and increased profitability.

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Financials (USD)

Asking Price $1,950,000

Cash Flow $324,007

Sales $1,523,812

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? Yes

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