Small Business Deal Advisors (“SBDA”) is pleased to announce the successful sale of Muskegon, MI-based Mr. Scrib’s Pizza to individual investor Sunyoung Kim.
With five locations in Michigan, Mr. Scrib’s Pizza has been serving a unique blend of secret recipes for over forty five years.
Jim Stein acquired Mr. Scrib’s in Muskegon in 2018. As he approached retirement, Mr. Stein engaged Small Business Deal Advisors to assist with the sale of the restaurant.
“I’m grateful to Doug and the SBDA team for their support, level of expertise, and confidentiality through the sale,” commented Jim Stein. “This restaurant has been part of the Muskegon community for over 40 years. I’m pleased to have found an owner who is excited to keep it going, and I wish her the best of luck.”
Mr. Scrib’s was purchased by Holland, MI resident Sunyoung Kim. Ms. Kim is a multi-business owner who was seeking to expand her portfolio. Mr. Scrib’s is the first restaurant under Kim’s ownership, although her family owns a few restaurants on the east side of the state. “I am very excited to continue building this Muskegon icon,” said Sunyoung Kim. “My brother owns a bakery nearby Mr. Scrib’s, and I’m eager to see how the two businesses can collaborate and support each other.”
Small Business Deal Advisors advised Mr. Scrib’s Pizza on the sale through the development of marketing materials, comprehensive marketing of the acquisition opportunity, and consulting through the negotiation, due diligence, and closing periods. The transaction was managed by SBDA Associate, Doug Yntema.
Terms of the transaction were not disclosed.
About Mr. Scrib’s Pizza
The restaurant offers specialty pizza for in-house dining and pickup. While best known for its pizza, Mr Scrib’s Pizza offers a full dinner menu with subs and various side dishes that keep so many customers coming back for more. Over the decades, Mr Scrib’s Pizza has established an exceptionally loyal customer base largely built by word of mouth referrals. Several long standing key employees contribute to the high quality and service that Mr Scrib’s Pizza’s reputation is built upon.