Business Overview:
Business Description
This well-established profitable Tavern-Bar is located in a beautiful country setting located in Central Michigan, is a well-known small town mainstay. The family that owns this bar-tavern has taken pride in its high-quality food and service. Known for being the “best beer and burgers around!”
Detailed Information
Asking Price: Asking $195,000.00/Accepting Offers!
Gross Revenue: Above $190,000.00
Established: Operating for over 20 plus years.
Inventory: The Inventory varies based on season, currently estimated to be around $10,000.00.
Real Estate: The real estate is owned by the present owners and available for purchase.
Building SF and Year Built: 2,000.00 square feet of space for the bar/tavern/restaurant.
Employees: 5+/- employees.
Facilities: Average condition at all facilities and updated to meet all requirements. Needs updating.
Competition: Restaurants are located in the surrounding villages and cities nearby; however, given their location, there is limited competition.
Growth & Expansion: Open more hours, better signage, more aggressive advertising, sponsorship of local community events, and a hands-on owner/manager that will increase sales and reduce operational expenses. Add additional food items such as Steak, Pizza, and Mexican food items.
Support & Training: Owners want to ensure success for the new owner and are willing to support and train the original owners.
Reason for Selling: The owners are selling the business for personal family reasons.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Additional Details:
- The property is owned.
- The owner is not 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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