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Business For Sale

NW OAKLAND COUNTY BAR & GRILL

Attn: Roger Silvi
Oakland County, MI, USA
Listing Number: "15990713"
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Asking Price: $350,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: Owner scaling back from daily schedule
Year Established: 1978
# of Employees: 5
Yearly Revenues: $180,462
Yearly Cash Flow: $42,256
 

Business for Sale Overview:

The company is a classic bar & grill that has been operated by the present owner in the same high-profile location for more than thirty years. It is a landmark in the area and has entertainment and theme events most nights. It benefits from the many local promotions, festivals and events that the Downtown Development Authority and Chamber of Commerce sponsor. A good selection of bar food items is offered. They range from munchies, salads and sandwiches to gourmet burgers. Additional revenues are derived from a pool table, video games, an ATM machine, jukebox and cigarette machine. There is also a large apartment above the bar. This apartment could be rented out for additional income or lived in by the owner. The real estate and liquor license are included in the sale price. Pre-approved for financing with $40,000 down for qualified buyers.


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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