Profitable American Restaurant & Sports Bar

Lansing, MI

Asking Price: Annual Revenue:
$600,000 $2,858,876

Food & Beverage: Bars, Clubs, Nightspots

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RE: Profitable American Restaurant & Sports Bar Broker: Seller of Business

Quick Facts

Asking Price: $600,000
Annual Revenue: $2,858,876
Net Profit: Not Disclosed
Cash Flow: $200,900
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: Not Disclosed
BBN Listing #: 76245079
Broker Reference #: 505

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Business Overview:

This profitable and established restaurant and bar is owned by an out-of-state group. In business since 2003, it sports a strong brand and loyal customer base. The restaurant prides itself on maintaining a cozy neighborhood bar atmosphere with handcrafted food, craft beer, and specialty cocktails.
The restaurant benefits from high online ratings and excellent customer reviews that keep patrons coming through the door. The restaurant is reputable and recognizable and has generated strong sales and cash flow despite limited ownership involvement. Exciting growth opportunities exist, including, hands-on ownership, new marketing initiatives, and untapped catering sales which ownership has identified as a significant opportunity.
An owner who wishes to take a more active role in the Company could help maximize profitability by directly assisting in the day-to-day operations of the Company. Ownership or management would need to be more engaged in marketing, promotions, catering sales, Company operations, and other current opportunities in order to significantly grow the Company.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact infor-mation in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.
You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email us and request a PDF version.
Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. The owner’s contact information will be provided in the CBR. They will be happy to correspond and answer your questions directly. Thank you for your time!

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Property Features and Assets:

7,986 square feet facility located in the heart of Michigan’s capital is a prime area to stay busy, also benefitting from favorable lease terms.

Market Competition and Expansion:

Investment Highlights Include: (1) Well Established Business: The Business is well established, recognizable, and has a high volume of customers and sales. (2) Brand Value: The Company is recognizable and receives rave reviews from customers. (3) Limited Ownership Involvement: The owner is absent from the Company’s management. This relaxed role of ownership would be perfect for an individual who does not wish to invest a substantial amount of time into running the daily operations of the Business. Or conversely, an owner who wishes to take a more active role in the Company could help to maximize the profitability by directly helping grow the operations of the Company. (4) Excellent Location: The Business is in a prime location to stay busy in the heart of Michigan’s capital. Growth and Expansion Pros and Cons: (1) Hands-On Ownership: Local ownership could improve Business operations and increase efficiency and profitability. New ownership could also drive marketing initiatives more effectively and ensure an uplifting and positive morale amongst team members. (2) New Marketing Initiatives: A stronger Google Search presence would also be an excellent way to increase clientele, so that online location searches in the vicinity will point customers more readily to the Restaurant. (3) Catering: The Company could increase profits by more aggressively pursuing catering sales. While dining and events bring in significant revenue, the Company could further increase profits by actively growing the catering side, which has remained largely untapped.

Reason for Selling:

Looking to pursue other business interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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