MergerPlace

Popular Remodeled Restaurant and Bar

Michigan


  • Asking Price: $450,000
  • Gross Income: $720,000
  • Cash Flow: Not Disclosed
  • Real Estate: $250,000
  • Inventory: $15,000
  • FF&E: $40,000
  • Listing ID: #210470
  • Established: Not Disclosed
  • Employees: 5

Business Description

This amazing bar and restaurant in St Clair County, near the water, offers all of the important amenities like: Keno, an atm, darts, lottery tickets, digital juke box, pool table, a fully stocked bar, and an amazing food menu. They have regular events with a dj and karaoke! There is 90 capacity seating with potential to add a patio. A full staff keeps this eatery and bar going strong with minimal presence from the owners. The sale comes with a Class C Resort Liquor License. All of the hard word has already been done by updating and remodeling. A bonus on the second floor of 2 apartments that can be rented or for the owner! The owners have done an amazing job making this a must stop location! This turnkey bar/ restaurant just needs a new owner so the seller can retire! An amazing opportunity to purchase the building for an additional $250,000. Class C Resort liquor license, inventory, and all of the FF&E! Located right on a major road and not too far from the water! Additional business information is confidential. You will be required to sign a non-disclosure and show proof of financial ability to discuss further. Contact Jonathan Swanson @ 248-688-9080 or email me at Jswanson@impcre.com for more information.


Business Details

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

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $450,000
Gross Revenue: $720,000
FF&E: $40,000
Inventory: $15,000
Real Estate: $250,000
Seller Financing Available: Yes

Property Information

Facilities:

4200 sq ft building with bar and restaurant. 2 apartments on the second floor. Completely Remodeled! Right on a major road!

Competition:

Not a lot of direct competition. This place fills up and has fun in the process!

Reason for selling:

Retirement

Support & Training:

30 days is standard and more is negotiable!

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:

Jonathan Swanson

Imperium Group