One of the best Bar/Restaurants in the Area

Kaleva, MI
Manistee County


Asking Price: Annual Revenue:
$299,900 $600,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: One of the best Bar/Restaurants in the Area Broker: Rick Smith
Owner Financing is Available!
Reasonable Land Contract arrangement available...$100,000, 6% interest, 10 year term, $2,222 monthly payments, early payoff option

Quick Facts

Asking Price: $299,900
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $150,000
Year Established: 1996
Employees: 6
BBN Listing #: 652063841
Broker Reference #: 2220002362

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Business Overview:

Awesome Turnkey opportunity! Year round "Up-north" business that is "the" destination point in the whole region. Spacious 5,300 square feet building houses a well-established Restaurant/Bar, located on one of the busiest snowmobile trails. Class -C Liquor License, Beer & wine with carry-out capability. Handicap accessible, outside court yard with dining. Recently remodeled areas of the building include an upgraded kitchen that serves a wide variety of food including Pizza. All fixtures and equipment are included in the transaction. Average inventory of $10,000 is in addition to the price but adjusted to actual amount at the closing. Hooded sprinkler system in the kitchen, Heating and cooling is 2 zoned. Roof has been recently updated.

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Property Features and Assets:

Located in a small town with tons of parking for the crowds.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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