Iconic Downtown Restaurant in Grand Rapids, MI - $699K - $285K Cash Flow
Executive Overview
Key Investment Highlights
- •Gross Sales Revenue: Exceeds $1,450,000
- •Established for over 40 years with proven track record
- •Extensive renovations with over $400,000 invested in upgrades
- •Prime downtown location with 6,000+ daily vehicle traffic
- •Long-term lease and stable operational infrastructure
Flanagan's Restaurant & Bar stands as a culinary cornerstone in Grand Rapids, boasting a rich 40-year history of exceptional dining experiences. The restaurant has strategically invested in facility upgrades in 2014 and 2019, maintaining a modern and inviting atmosphere. A dedicated, experienced staff ensures consistently high-quality service that has cultivated a loyal and affluent customer base.
Situated in a prime downtown location near major attractions like DeVos Place and Van Andel Arena, the restaurant presents significant growth potential. Prospective owners can capitalize on opportunities such as expanded event hosting, enhanced marketing strategies, menu innovation, and extended operating hours. The current owner is committed to providing comprehensive transition support, making this an ideal investment for an entrepreneurial restaurateur seeking a turnkey business opportunity.