Established Detroit Soul Food Restaurant & Catering Businesss - Prime Downtown Location
Detroit, Michigan
About This Business
This exceptional soul food restaurant has been a beloved Detroit institution since 2001, serving authentic cuisine to a loyal customer base throughout the metropolitan area. With annual revenues of $2.7 million and strong cash flow of $203,639, this well-established operation demonstrates consistent profitability and market demand. The restaurant features a full-service dining room, active catering division, and strong community presence that has sustained growth for over two decades. The current owner is transitioning to pursue other business interests and is offering this turnkey operation to qualified buyers seeking entry into Detroit's vibrant food service market. The business operates with an experienced team of 18 employees and maintains established relationships with suppliers, vendors, and the local community. The restaurant benefits from a prime location with excellent visibility and foot traffic, complemented by a growing catering operation that provides additional revenue streams. The property includes all necessary equipment, inventory systems, and operational infrastructure to continue seamless operations under new ownership. This is an exceptional opportunity to acquire a profitable, established restaurant with proven systems, loyal customer base, and multiple revenue channels. The seller is motivated to ensure a smooth transition and will provide comprehensive training and support to qualified buyers.
Financial Details
Business Details
Deal Analysis
Estimated figures for analysis purposes only. Consult a financial advisor.