HospitalityEstablished in 2011, this hospitality business has built a loyal customer base in the Grand Rapids area. Over the past several years ownership has invested in equipment, systems, and staff development, positioning the company for its next phase of growth. Many customer relationships span a decade or more, and several commercial accounts are on multi-year arrangements. Bookkeeping is clean and professionally maintained, with financials ready for buyer review. Owner involvement is primarily managerial; no specialized license is required for ownership, though one is preferred. The trade area is experiencing steady population and commercial growth, supporting long-term demand. The company offers a full range of hospitality services, giving customers a single point of contact and driving healthy average tickets. A professionally built website generates steady inbound inquiries with no ongoing ad spend. Vendor and supplier relationships are long-standing, with favorable terms that a new owner will step into. The team is cross-trained across functions, so operations do not depend on any single employee. Detailed financials, tax returns, and supporting schedules are available to qualified buyers after an NDA. Revenue is diversified across residential and commercial accounts, with no single customer representing a significant concentration. What began as a small operation in 2011 has grown steadily through referrals, repeat customers, and a reputation for doing the job right. Serious inquiries only; a signed NDA and proof of funds are required for detailed financials.
Owner is relocating out of state for family reasons.
The business occupies a 8,770 sq ft commercial space; the space is well-maintained and fully equipped.
Modeling Established Hospitality Business in Grand Rapids · $1.09M
Asking price is $1.09M. Type an offer or drag to model one.
SBA 7(a) acquisition loans typically require ~10% down.
SBA business-acquisition loans are usually 10 years.
A market salary for whoever runs the business day-to-day, subtracted from earnings to show true profit. Set to $0 if you will owner-operate.
Estimates for illustration only, based on the listed SDE and your assumptions. Closing costs are estimated at ~2.5% of price for fees and working capital. Actual loan terms, taxes, and earnings will differ. This is not financial advice. Verify all figures in diligence and consult qualified advisors.
Open the full Deal AnalyzerGrand Rapids, MI · Source: AI estimate (Claude) · general knowledge.
AI-estimated comparable ranges from general market knowledge · as of 2026-08-04 · AI estimate (Claude) · general market knowledge. Reference only, not verified market data or a valuation.
Rough AI estimate for comparable hospitality businesses (restaurants, bars, small lodging) of similar size in the Grand Rapids area; ranges are wide because hospitality margins vary heavily by concept, and these figures are not verified market data or an appraisal.
The documents below open to qualified buyers in the secure data room after a signed NDA.
Hospitality