Business Listing

Divani: Iconic Downtown Grand Rapids Restaurant and Cocktail Lounge

Great upscale dining opportunity to enter the GR's eatery/entertainment district near VanAndel Arena, Grand Rapids Brewery, and Hop Cat. Divani has been a leading restaurant & event facility in the heart of Downtown Grand Rapids since its inception in 2002. Our prime location at 15 Ionia Ave SW provides constant foot traffic full of local residents and tourists alike. We have a well-established reputation for providing unique dining experiences through our passion for innovation, and engagement with our guests which builds meaningful relationships. This culture is the foundation that nourishes our abundant loyal customer base. The current owner desires to ensure Divani’s continued success & ability to flourish therefore is happy to provide reasonable transition assistance.

A new owner with a passion for welcoming guests as family in their home will continue to prosper! Highlights include:
-Fully equipped,turn-key restaurant & event facility
-Well established & profitable casual fine dining restaurant & event facility
with an intimate atmosphere
-Loyal customer base in both the restaurant & event space
-Numerous awards & accolades: OpenTable Diner’s Choice Awards,
Wine Spectator’s Award of Excellence, Tripadvisor, Grand Rapids
Magazine, Revue Magazine, and more...
-Email list of 3.6kwith a 40-45% open rate
-Social Media following over 9.7k 

Property Details:
Leased: Landlords - FW Shoring, LLC
Property Management - PURE Real Estate Management
Total Square Footage: 6870
Main Floor - Restaurant: 2395 sf with 13' ceilings
Event Space: 2487 sf with 13' ceilings
Lower Level – Kitchen, Of ice & Storage: 1988 sf
Fire Code/Seating Capacities: Restaurant 145/120 Event Space 170/ 120

Expansion and Growth Opportunites:
Corporate and private catering, expanding restaurant hours of operation, Sunday brunch, guest loyalty program, retail wine sales/club program, hosting ticketed wine or cocktail dinners.
Food and Beverage
Upscale Dining
Asking Price
Ref ID
# of Employees
Full Time Employees
Part Time Employees
Gross Revenue
Cash Flow Type
Cash Flow
Other Value
Real Estate in Asking
Inventory in Asking
Real Estate
Lease needs to be re-newed

Become a Sponsor


  • Dolinka
  • Miedema Asset Management
  • Applied EcoSystems
  • Become a Sponsor
  • Rhoades McKee
  • Foster Swift
  • Mercantile Bank
  • Tupelo
  • Environmental Consulting Solutions, LLC
  • Owners Outpost
  • Old National Bank