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ON-MARKET
DINERS

TURNKEY Profitable Established American Diner with Real Estate

2020 Broadway St, Bay City, MI 48708

$710K
Asking Price
$505K
Revenue
$107K
Cash Flow

Overview

Established American Diner - Local Favorite in Bay City, Michigan This profitable American diner represents an exceptional opportunity to acquire a fully operational restaurant business with real estate included. Located on a busy, highly traveled road in Bay County, the establishment has quickly become a local favorite since opening in 2023. Financial Performance: - Annual Revenue: $505,000 - Cash Flow (SDE): $107,000 - EBITDA: $115,000 - Strong first-year performance with established customer base Property & Assets: - Real Estate Value: $480,000 (included in sale) - Building: 3,066 square feet - FF&E Value: $150,000 - Inventory: $22,000 (included) - Prime location surrounded by residential and commercial properties Business Highlights: - Absentee owner operation demonstrating strong systems - Established customer loyalty as community favorite - Strategic location on high-traffic corridor - Complete restaurant setup ready for new owner Growth Opportunities: The business offers numerous expansion possibilities including extended operating hours, expanded menu offerings, space available for on-site coffee roasting, catering services (on and off-site), delivery services, participation in local events, and additional revenue streams.
This represents a rare opportunity to acquire both a profitable restaurant operation and valuable commercial real estate in one transaction. The business has demonstrated its ability to generate strong revenue and cash flow in its first year of operation, positioning it well for continued growth under new ownership. Ideal for an owner-operator looking to build upon an already successful foundation or an investor seeking a profitable restaurant business with significant upside potential in the Bay City market.

Key Details

Year Established2023
StateMI
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