MergerPlace

Long-Standing Sports Bar and Restaurant

Michigan (St. Joseph)


  • Asking Price: $940,000
  • Gross Income: $1,114,764
  • Cash Flow: $134,538
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #204174
  • Established: Not Disclosed
  • Employees: 28

Business Description

Founded over 100 years ago, the Restaurant has provided customers with delicious drinks and food to a loyal customer base. The Restaurant’s menu is full of a wide variety of delicious food and drink options. Operating out of a 4,000+ sq. ft. facility, the Restaurant can seat more than 200 people. The real estate is available for sale with the business for a total purchase price of $940,000.

The Company has steadily grown revenue over the previous few years and has several opportunities to grow and increase profitability.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email River City Partners and request a PDF version.

Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Michigan
County: St. Joseph

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 28

Financial Information

Asking Price: $940,000
Gross Revenue: $1,114,764
Cash Flow: $134,538
Seller Financing Available: No

Property Information

Facilities:

Newly rebuilt facility

Growth & expansion opportunities:

The Company has many opportunities for growth including enhancing its marketing strategy.

Competition:

The Company has several investment highlights: 1) The Restaurant has been serving delicious foods and drinks for over 100 years. 2) Food Relationship: The Company previously purchased a food franchise in order to deliver delicious food to customers. The Company is not paying a royalty to the franchisor and has all of the food recipes. 3) Lack of Competition: The Restaurant and Bar is located in an area where it does not face severe competition. It has built great recognition and a loyal customer base. 4) Strong Community Support: The Restaurant has developed strong support from the local community because of the Company’s length of time serving the area.

Reason for selling:

The owner is seeking retirement.

Support & Training:

The owner is willing to provide assistance through a transition period.

Contact Business Seller

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Business Listed By:

Doug Yntema

Calder Capital, LLC