Central Michigan Bar

Sheridan, MI
Montcalm County

Central Michigan Bar

Asking Price: Annual Revenue:
$190,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots

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RE: Central Michigan Bar Broker: Rob Anderson
License #: 6501395367

Quick Facts

Asking Price: $190,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 45860403
Broker Reference #: Not Disclosed

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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.

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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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