Restaurant & Bar For Sale
Location Michigan,United States
Asking Price Range $500K - $1.0M
Gross Revenues $682720
Net Profit / Cash Flow $75000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1978
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training As needed.
Reason for Sale Retirement.
Description The Company is a restaurant and bar for sale that has operated at the same high-profile suburban location for more than thirty years. The real estate is included in the sale and there is plenty of parking. The Class C liquor license and all furniture and equipment are included in the sale. The building is just over 5,000 square feet with seating for more than 130 customers. It has a full, high-ceiling basement so space is not an issue. There is plenty of opportunity here for an owner-operator that has a fresh concept and is willing to work. Present owner will provide financing to a qualified individual with $150,000 down. Available for $499k with real estate.
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