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Business For Sale
RESORT BAR & RESTAURANT, W/REAL ESTATE INCLUDED
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Asking Price: |
$612,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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Health Reasons |
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Year Established:
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1984 |
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# of Employees:
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2 Full/8 Part |
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Yearly Revenues:
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$315,000 |
Business for Sale Overview:
This restaurant has tons of potential, virtually the only restaurant with a liquor license, totally surrounded by one huge development after another. Just 1 mile from the beach, the site is just under 1 acre, so lots of good parking. The building has fine curb appeal, but the inside is very tired and in need of a creative 'make-over'. The immediate area is dotted with very upscale homes, condos and recreation sites. The party who buys this restaurant is not one looking for great cash flow (YET), but who has a vision to turn it into one of the areas finest eateries, catering to the thousands of Illinois residents who covet the short drive over to Michigan's lakeshore resort communities - not to mention the Indiana and Michigan residents and tourists alike.
Property Features and Assets:
4,500 sq. ft. building; included in sale price.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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