Well Established Bar & Grille

Undisclosed Address, Michigan
Business Opportunity for Sale
Catylist Listing ID: 29925377
Property Subtypes: Food and Beverage
Building Size (RSF): 4,000 SF
Sale Price: $279,000 - 529,000
Gross Revenue: $526,500 (Annual)
Cash Flow: $40,000 (Annual)
Sale Terms: Cash
Last Updated: 9/28/2017

Overview / Comments

THIS BAR & GRILLE IS A WELL ESTABLISHED LOCATION IN
THE BEDROOM COMMUNITY ALONG US 131, BETWEEN GRAND RAPIDS & KALAMAZOO, MI.. OFFERING PIZZA, BURGERS, BASKETS, MEXICAN, SOUPS & SALADS PLUS APPETIZERS, EXISTING SALES ARE 50% FOOD. THEY ALSO OFFER GAMES, MICHIGAN LOTTERY GAMES AND HAVE MUSIC/DANCE PERMIT.
THE REAL ESTATE INCLUDING THE MECHANICAL'S AND BUSINESS ASSETS ARE IN GREAT CONDITION. THIS BUSINESS IS READY FOR NEW, AGGRESSIVE OWNERSHIP. SEATING 135. PLEASE DO NOT BOTHER HELP OR OWNER
OWER WILL SELL BUSINESS ENTITY FOR $279,000. WITH FAIR LEASE WITH OPTION TO BUY REAL ESTATE.

Additional Details

Industry Segment: Bars and Taverns
Reason for Selling: OWNER WISHES TO RETIRE
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $150,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $250,000

Demographic Statistics

Proximity: 5 miles
Total Population: 2,593
Median Age: 44.17
Households: 1,031
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