29Active Listings
$216KAvg Asking Price
24Sold

Michigan Restaurants for Sale

There are more than 25,000 restaurant and foodservice locations in the state of Michigan according to the National Restaurant Association, and they generate more than $30 billion in annual sales. More than 450,000 people are employed in Michigan's restaurant and hospitality industry, making it one of the state's largest private-sector employers.

Michigan restaurants for sale are something many buyers explore due to the state's diverse economy, affordable cost of living, strong tourism industry, and rich food culture. Michigan's Gross Domestic Product exceeded $700 billion in 2025, placing it among the largest state economies in the nation. Major industries including automotive manufacturing, healthcare, technology, tourism, and professional services help drive demand for restaurants across the state.

It's no wonder those buying a business flock to Michigan restaurants for sale offered by Restaurant Brokers. Restaurants are an influential part of Michigan's economy. From Detroit and Grand Rapids to Ann Arbor and Traverse City, restaurants benefit from both local residents and millions of annual visitors. 

Michigan's economy continues to benefit from its diverse industries, growing tourism sector, and population centers throughout the state. More than 128 million visitors traveled to Michigan in 2024, generating billions in visitor spending and supporting restaurants in communities large and small. Combined with strong local demand and a thriving hospitality industry, these factors make Michigan an attractive place to own and operate a restaurant.

Resources for Buying a Michigan Restaurant

 

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    Gary & Mike Elle, Certified Restaurant Broker® Team

    Gary and Mike Elle are the Franchise Partners for We Sell Restaurants in the Farmington, Michigan area. Both have undergone education and testing to earn designation as Certified Restaurant Brokers® and will advise buyers and sellers in their local market using industry leading tools and processes.

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    Michigan Multi Unit Firehouse Subs $1.6M Sales. $97K Owner Benefit
    Muskegon, Michigan
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    HOT
    Syrian Restaurant and Bakery for sale with $1.5M in Annual Sales
    Farmington, Michigan
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    Eastern Oakland County Bar For Sale Fully Equipped W/Liquor License
    Troy, Michigan
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    Downtown Area Sandwich Shop for sale in Oakland County!
    Southfield, Michigan
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    Long-Established, High-Performing Oakland County Diner for Sale!
    Troy, Michigan
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    Stunning Coney Island Restaurant Concept for sale
    Farmington Hills, Michigan
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    Profitable Detroit MI Subway Franchise for Sale with SBA 15% Down
    Detroit, Michigan
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    Restaurant for Sale with Banquet Hall High Visibility Location
    Oak Park, Michigan
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    Local Coney Island Franchise Selling the Buildout and Equipment
    Livonia, Michigan
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    MI Firehouse Subs Franchise for Sale in Ann Arbor
    Ann Arbor, Michigan
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    Full Equipped Mediterranean Restaurant for Sale in desirable area
    Madison Heights, Michigan
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    Low Investment Established Pizza Shop for Sale in Oakland County
    West Bloomfield, Michigan
  • 3D Tour
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    Michigan quick-service food business, substantial profit potential
    Canton, Michigan
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    Long Standing Dairy Queen Ice Cream Business for Sale!
    Troy, Michigan
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    National Bubble Tea/Chicken Franchise for Sale! Beautiful Buildout!
    Bingham Farms, Michigan
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    Profitable Michigan Cafe Franchise for Sale with SBA 15% Down
    Grand Rapids, Michigan
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    Cash-Flowing Lakeside Bar for Sale – Loyal Local Crowd!!
    Commerce Township, Michigan
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    Michigan Turnkey Second-Gen Restaurant for Sale
    Ann Arbor, Michigan
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    Michigan Subway Franchise for Sale, Newly Renovated, Proven Sales!!
    Shelby Township, Michigan
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    Newly Established Mexican Restaurant for Sale with Great Reviews!!
    Troy, Michigan
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    High Revenue Burger Restaurant for Sale!! Seller financing possible
    Livonia, Michigan
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    Michigan Firehouse Subs Franchise for Sale
    Kalamazoo, Michigan
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    2 Michigan Franchise Sandwich Shops For sale near Kalamazoo!
    Portage, Michigan
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    Popular popcorn Wholesale and Restaurant for Sale
    Ferndale, Michigan
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    MI Firehouse Subs Franchise for Sale an hour outside Grand Rapids!
    Portage, Michigan
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    Successful 24-year-old Family-Owned Italian Restaurant for Sale!
    West Bloomfield Township, Michigan
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    Own Your Dream Business – Ice Cream Truck for Sale!
    Southfield, Michigan
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    Highly Profitable Diner for Sale for only $275,000!
    Ferndale, Michigan
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    Current Authentic Mexican Restaurant Assets for Sale in Sylvan Lake
    Sylvan Lake, Michigan
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    Healthy Food Cafe restaurant for sale - Dine in, Carry Out or Cater
    Commerce Charter Township, Michigan
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    Bubble Tea, Bakery and Burger Restaurant for sale!!
    Farmington, Michigan
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    Long-Established, High-Performing Pizza Shop for Sale!
    Troy, Michigan
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    SUBWAY Franchise for Sale In Wayne County!
    City Confidential, Michigan
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    Restaurant for Sale - Own Oakland County’s Favorite Kabob Spot!!
    Commerce Township, Michigan
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    Opportunity Awaits! Thriving Sandwich Shop for Sale!
    Beverly Hills, Michigan
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    Turnkey Pizza Restaurant for Sale!
    West Bloomfield, Michigan
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    Thriving Mexican Restaurant for Sale with Owner Benefit of $250K!
    Southfield, Michigan
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    PRICE REDUCED Subway Franchise for Sale in Shelby Township, Michigan
    Shelby Township, Michigan
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    Unbelievable Price on this Clean Juice Franchise for Sale in Michigan
    East Lansing, Michigan
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    Pizza Franchise for Sale with Earnings of $130,000!!
    Canton, Michigan
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    Firehouse Subs Franchise for Sale with over $250,000 in Earnings
    Sterling Heights, Michigan
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    Subway Franchise for Sale in Shelby Township, Michigan
    Shelby Township , Michigan
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    Six Figure Earnings Profitable Subway Franchise for Sale in Detroit Suburb
    Novi, Michigan
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    Subway Franchise Resale in Grand Rapids with sales of over $410,000!
    Grand Rapids, Michigan
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    $200,000 Owner Earnings on TWO Pizza Franchise Resales in Michigan
    Leslie | Lake Odessa, Michigan
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    Pizzeria for Sale with stone oven & buffet is priced to sell
    Fowlerville, Michigan
  • _2019-02-11_16_47_W2B_Subway.com_Silos_ProductMenu_234x140_BMT_PT.jpgSOLD
    Reduced Price - Become the new Owner of this Subway Franchise for Sale in Michigan
    City Confidential, Michigan
  • Screenshot 2026-08-31 134618_1788198396.pngSOLD
    Profitable Subway Franchise for Sale in Michigan
    City Confidential, Michigan
  • _2019-02-11_11_28_Subway-removing-controversial-dough-conditioner-baking-expert-deems-ingredient-unnecessary.jpgSOLD
    High Earning Subway Franchise for Sale in Michigan
    City Confidential, Michigan
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    Sub Franchise for Sale Priced to Sell ! Over Half Million in Sales!
    Grand Rapids, Michigan
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    Frequently Asked Questions

    Frequently Asked Questions: Michigan Restaurants for Sale

    What is the average price of a restaurant for sale in Michigan? Independent restaurants typically list between $50,000 and $500,000. Established franchises range from $250,000 to over $1 million.

    Can I buy a restaurant in Michigan with an SBA loan? Yes. Many Michigan restaurant acquisitions qualify for SBA 7(a) financing. We Sell Restaurants can connect buyers with experienced restaurant lenders.

    How long does it take to sell a restaurant in Michigan? Most sales close within 3 to 9 months. Clean financials, a transferable lease, and qualified buyers help transactions move faster.

    What is my Michigan restaurant worth? A Certified Restaurant Broker can provide an opinion of value that will include comparable pricing. He or she is a market specialist that can adjust for location, lease terms, equipment condition, sales trends, and profitability.

    How do I sell my restaurant in Michigan? Start with a free valuation from a Certified Restaurant Broker. We handle confidential marketing, buyer qualification, negotiations, and transaction management.

    What licenses do I need to take over a restaurant in Michigan? Generally a Certified Food Protection Manager certification, food service establishment license, liquor license (if serving alcohol), Certificate of Occupancy, and any applicable local business permits.

    Do I need a broker to buy or sell a restaurant in Michigan? Not legally, but a Certified Restaurant Broker helps maintain confidentiality, qualifies buyers, manages due diligence, and guides the transaction from listing to closing.

    Is We Sell Restaurants a franchise? Yes, We Sell Restaurants® is itself a franchise opportunity, not just a service provider to restaurant franchises. Franchisees become a Certified Restaurant Broker® through our structured onboarding process, then use We Sell Restaurants' proprietary BOSS (Broker's Operations and Sales System) platform and Restaurant for Sale marketplace to help entrepreneurs buy, sell and lease hospitality properties in their territory. 

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    Quick Info:

    More than 25,000 Restaurants in Michigan

    Over 450,000 People are Employed in Michigan's Restaurant Industry

    Michigan Restaurants Generate More than $30 Billion in Annual Sales

     

    CONTENTS

    Michigan Restaurants for Sale
  • Gary & Mike Elle, Certified Restaurant Broker® Team

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