Oak Park Breakfast & Lunch Diner for Sale
Coolidge Cafe
Financial Details
- Asking Price:
- $450,000
- Annual Revenue:
- $500,000
- Cash Flow / SDE:
- $100,000
- Profit Metric:
- SDE
- Valuation Multiple:
- 4.5x
- Location:
- Oak Park, MI, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a well-established, family-owned and operated breakfast and lunch diner located in Oak Park, Michigan. With over 30 years of history, the business boasts a strong reputation and loyal customer base, including regular patronage from local government officials and law enforcement. The restaurant offers sit-down table service and catering, operating daily from 7 am to 3 pm. The asking price is $450,000, with gross revenue ranging from $500,000 to $1,000,000 and SDE ranging from $100,000 to $300,000. Furniture, fixtures, equipment (FF&E), and inventory are included in the sale. The business is currently leased, with 15 years remaining on the lease and a monthly rent of $4,000. Significant growth opportunities exist, including the potential to extend operating hours to include dinner service. The owners are seeking retirement and are looking to pass this thriving business on to a new family.
Industry Information
- Industry Description:
- Restaurant
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 1990
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $4,000 USD
- Lease Expiration:
- 2040
Assets & Inventory
- Includes FF&E:
- Yes
- Includes Inventory:
- Yes
Listing Details
- Listing ID:
- 3e1eec61-668b-4f6a-9d33-fe11e1285174
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD