Listing Number: 30122-630772
Description
A well-established, multi-concept restaurant and banquet operation located in the heart of Downriver (Southern Wayne County), Michigan. The business has been operating successfully for nearly 50 years and includes three unique revenue-generating concepts under one roof: an event and banquet venue, an elevated dining restaurant and wine bar, and a casual bistro concept.
The facility spans approximately 10,000 sq ft across multiple levels, including large dining areas and a 2,500–3,000 sq ft outdoor patio. With a strong community presence, diversified revenue, and an established event-booking pipeline, this operation offers an exceptional acquisition opportunity for an owner-operator or a multi-unit restaurant group.
Revenue:
2022: $1.2M
2023: $1.2M
2024: $1.1M
2025: $1.2M
Listing Details
- Price: $1,500,000
- Down Payment: $1,500,000
- Sellers Discretionary Earnings: $181,276
- Total Sales: $1,172,208
- Location: Wayne County, Michigan
- Inventory: $50,000
- FF&E: $250,000
- Employees: 24
- Year Established: 1974
- Reason for Selling: Retire
- Category: Restaurants
