Bar / Restaurant

Undisclosed Address, Michigan
Business Opportunity for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30707936
Property Subtypes: Food and Beverage
Building Size (RSF): 9,900 SF
Sale Price: $230
Name of Establishment: Pub 29
Gross Revenue: $1 (Annual)
Cash Flow: $1 (Annual)
Sale Terms: Cash, commercial loan, land contract & promissory note.
Last Updated: 2/22/2021

Overview / Comments

Location, location, location. Pub 29, this staple institution in downtown Edmore is now for sale. Located right off of Main Street - M46 its impossible to miss. Business includes two liquor licenses, furniture, equipment and real estate. almost 6,000 square feet of potential money production. Banquets, sporting events, concerts........ the ideas are limitless. Included in the sale are two apartments upstairs, currently rented for $950.00 and $750.00 a month. The rent upstairs pays your mortgage, the rest you put in your pocket. This a must see. Seller financing terms are available - given mutually acceptable terms.

Attachments & Media

Additional Details

Industry Segment: Bars and Taverns
Reason for Selling: Seller is ready to retire.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $122,000
Real Estate Lease Description: Lease is a possible option.
Mgmt/Training Support Description: Owner will provide transition support upon request per contract specifications.
Competition/Market Description: The only game in town.
Seller Financing Description: Negotiable given mutually acceptable terms.

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Demographic Statistics

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

Contact

Photograph of Listing Agent

Michael Robert Hess

Robert Michaels LLC CARWM Member
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