MergerPlace

Sports Bar & Restaurant

Wyandotte, Michigan


  • Asking Price: $599,000
  • Gross Income: $1,200,000
  • Cash Flow: $275,000
  • Real Estate: $599,000
  • Inventory: $35,000
  • FF&E: $200,000
  • Listing ID: #209527
  • Established: 2012
  • Employees: FT 25, PT 5

Business Description

Rare Opportunity

Don’t miss out on this rare opportunity to own a dual concept Sports bar and Restaurant in gorgeous quaint setting! This listing is extremely confidential and will only be disclosed to qualified buyers. The price for both businesses which includes the Class C Liquor License and Property is $1,198,000. No Seller Financing Available. Seller has invested hundreds of thousands of dollars in the buildout. Alcohol Sales make up about 80% of the Sports bar sales. The restaurant concept is high profit margin product. Seller is Cash flowing over $275,000 per 2017. Both Restaurants together are priced at a bargain of $599,000. Seller maintains lower than average payroll costs due to a single kitchen for both restaurants. These places have a large local following. Facebook page has over 12,000 followers. The social media alone has tremendous value. Located in a Wayne County Suburb, this place is popular among locals in the area. Seller continues to see growth and promotional events seem to be a huge success. Seller recommends a purchaser to have great customer service skills, food, and bar experience. Seller will train for a period of 3 months for a smooth transition. Serious inquiries only. Be prepared to provide proof of funds upon signing an NDA. This operation is turnkey, and Seller is motivated to sell and train the right buyer. This will not last! Inquire today.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Michigan
Metropolitan Area: Wyandotte

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: FT 25, PT 5

Financial Information

Asking Price: $599,000
Gross Revenue: $1,200,000
Cash Flow: $275,000
FF&E: $200,000
Inventory: $35,000
Real Estate: $599,000
Seller Financing Available: No

Property Information

Facilities:

Building for Sale $599,000 or Lease for $5,000 NNN. Terms are negotiable!

Reason for selling:

Seller has other business interests

Support & Training:

Seller will train for 90 days

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Paul Habba

Locations Commercial Real Estate Services