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BUSINESSES FOR SALE

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Businesses For Sale   >>   Michigan Businesses For Sale Categories   >>   

Waterfront Restaurant / Bar For Sale

Location  Michigan,United States
Asking Price Range  $250K - $500K
Gross Revenues  $800000
Net Profit / Cash Flow  $160000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1950
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Seller will train
Reason for Sale  Retiring
Description  WATERFRONT RESTAURANT/BAR This is a great opportunity to own a Metro-Detroit Landmark Restaurant/Bar that sets the standard for leisure while overlooking the waterways of the Detroit River. During the summer, absorb all that Michigan offers with beautiful sunny days and moon glistering waters at night. Sit and relax on one of the two tiki decks and soak up rare pleasures. Full menu consists of appetizers, wraps, sandwiches, soups/salads and classic dinners. Whether it?s a live band or the beat of the DJ, the outdoor decks offer something for you. If there is a chill in the air, stay indoors for the most popular dance party in the area. All equipment is in very good condition! Current owner does no advertising?. Some creative advertising/marketing along with sponsored events should generate greater profits to the already high gross sales. Some of the already sponsored events include river tours with a reputable charter company. If you have always wanted a restaurant/bar on the water this is the one and will not last long. A turn key operation! A must see/must have business! Call Armen Nazarian @ 248-855-7753 Note: Building Price $800,000 with $300,000 down.
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