Legendary Mr. Spots Restaurant for Sale - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
🍔
Ann Arbor Restaurant Serving Cheesesteaks and Wings Near UM Campus
Ann Arbor, MI, US
Added 1 day ago
Restaurant and Food Service
40 years in business
Mr. Spots is a longstanding restaurant in Ann Arbor, Michigan, specializing in Philadelphia-style cheesesteaks, wings, and hoagies near the University of Michigan campus.
Key Information
Asking
$650K
Revenue
$1.0M
Earnings
$165K
Multiple
3.9x
Key Highlights
- Business established in 1986 (40 years in operation)
- Located at 808 S. State St., Ann Arbor, MI, near the University of Michigan campus
- Favorable lease terms through 2033, with landlord open to a 5-year extension
- No ongoing franchise royalties for the existing Ann Arbor location; franchise/location rights included
- Experienced staff and management in place
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence