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- RE: Corner Neighbor Bar And Grill For Sale With Real Estate Included
- Contact: Gary And
Quick Facts
| Asking Price: | $185,000 | |
| Annual Revenue: | $250,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $80,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1957 | |
| Employees: | 6 | |
| BBN Listing #: | 1020030 | |
| Broker Reference #: | 45462 |
Business Overview:
Bar & Grill for Sale with Real Estate Included Redford, Michigan. This exciting opportunity to own a unique neighborhood bar and grill in Redford, Michigan, offers buyers the chance to acquire an established business with tremendous growth potential. Located in a desirable residential neighborhood just off Grand River Avenue, one of Metro Detroit's busiest and most traveled roads, this location offers excellent visibility, convenient access, and the opportunity to attract both neighborhood customers and passing traffic.
This opportunity puts a fun twist on the traditional beer-and-burger neighborhood bar by combining a tequila and taco concept with a lively entertainment atmosphere. Specialty margaritas are the highlight of the beverage menu, creating a signature attraction that helps distinguish this establishment from traditional bars and restaurants. With a full liquor license, a new owner of this Bar and Grill for Sale has the flexibility to further develop the beverage program, introduce specialty cocktails, and expand food and drink promotions.
What makes this Bar and Grill for Sale offered by We Sell Restaurants establishment particularly appealing is its entertainment-focused atmosphere. Customers can enjoy pinball machines, video bowling, electronic dartboards, and karaoke, making it more than just a place to grab a bite and a drink. These attractions create opportunities for leagues, tournaments, themed nights, private parties, and special events that can build customer loyalty and generate additional revenue.
Perhaps one of the biggest selling points is the tremendous upside potential. The Bar and Grill for Sale currently operates only four days per week, giving an energetic owner the opportunity to expand operating days and hours, introduce additional entertainment nights, and increase sales without starting from scratch. There is also flexibility for a buyer to continue with the existing concept or introduce their own bar and restaurant vision.
Flexible Purchase Options: The asking price for the Bar and Grill for Sale and full liquor license is $185,000, separate from the real estate. The owner is also willing to sell the property, creating an opportunity to purchase both the business and real estate for a combined price of $295,000. Additionally, the owner is willing to sell the food truck, with its price to be negotiated separately.
Whether you are an experienced operator or an entrepreneur looking to establish your own neighborhood gathering place, Cosmic Burrito offers a unique business and real estate opportunity with plenty of room for future growth!
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Contact the Seller:
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Property Features and Assets:
(1) 7' x 5' Freezer
(1) 7' x 5' Refrigerator
(1) 2' x 2' Smoker
(1) Meat Warmer
(1) Pretzel Maker
(1) 3' x 3' Ice Maker
(1) 6' Prep Station
(1) 4' Prep Table
(1) 3 Stainless Steel Tub Wash Station
(1) 2 Basket Fryer
(1) 2' Grill
(1) 4' Hood
(1) 4' Prep Station with below Refrig
(1) 5' Beer & Pop Refrig
(2) 3 Bin Stainless Steel Wash Tub
(2) 2' x 2' Ice Box
(1) 4 Keg Tap
(2) Bin Slush Margaritta Machines
(2) 10' x 3' Refrig for Beer Cans & Bottles
(1) Pin Ball Machine
(1) Video Bowling Game
(2) Dart Video Board
(1) Karaoke Machine
Market Competition and Expansion:
Competition/Market Pros – Cosmic Burrito | Redford, Michigan
1. Prime Location with Excellent Visibility: Located just off Grand River Avenue, one of Metro Detroit’s busiest thoroughfares, providing excellent exposure, convenient access, and the opportunity to attract both neighborhood residents and passing traffic.
2. Opportunity to Own the Real Estate: A unique advantage for buyers is the opportunity to purchase the property along with the business. Owning the real estate provides long-term stability, eliminates the uncertainty of leasing, and offers potential for future property appreciation.
3. Established Neighborhood Market: Situated in a desirable Redford neighborhood with an established residential customer base, creating opportunities to build repeat business and become a popular gathering place for local residents.
4. Limited Local Competition: The area offers an opportunity to stand out with limited direct competition from similar neighborhood bar-and-grill establishments. Cosmic Burrito's combination of tequila, specialty margaritas, tacos, burgers, and interactive entertainment creates a distinctive concept that can attract customers looking for something different from the traditional neighborhood bar.
5. Unique Bar and Grill Concept: Cosmic Burrito offers a fun twist on the traditional beer-and-burger bar, combining a tequila and taco concept with a full-service bar atmosphere. This distinctive positioning helps separate it from conventional neighborhood bars and restaurants.
6. Entertainment-Driven Customer Experience: Features including pinball, video bowling, electronic dartboards, and karaoke create an interactive atmosphere that encourages customers to stay longer, return frequently, and visit for more than just food and drinks.
7. Full Liquor License and Specialty Margaritas: The full liquor license provides flexibility in beverage offerings, while specialty margaritas create a signature attraction and an opportunity to differentiate the establishment from competing neighborhood bars.
8. Significant Opportunity to Expand Operating Hours: Currently operating only four days per week, the business offers an incoming owner an opportunity to increase revenue by expanding operating days and hours, introducing additional entertainment nights, and developing new food and beverage promotions.
9. Limited Operating Schedule with Room to Grow: Operating just four days per week gives a new owner the opportunity to build on the existing concept without starting from scratch. Expanding the schedule, adding special events, and promoting weekend entertainment could create additional revenue opportunities.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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