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- RE: Highly Regarded Bar & Restaurant For Sale W/liquor License
- Contact: Art Crosby
Quick Facts
Asking Price: | $275,000 | |
Annual Revenue: | $630,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $71,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $70,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 5 | |
BBN Listing #: | SB-57682 | |
Broker Reference #: | GREDETMI001-57682 |
Business Overview:
A well-established and highly regarded bar and restaurant is available for acquisition in the heart of Mount Clemens. This turnkey operation combines a full dining menu, vibrant bar service, and live entertainment in a spacious venue with a licensed seating capacity of 190. Location: Prime commercial space Business Type: Full-service bar and restaurant with banquet facilities Asking Price: (includes inventory, all fixtures, equipment, and works in progress) Inventory Value: Estimated $40,000 Assets & Equipment: Valued between $70,000 Operating Hours: Open seven days a week with extended evening hours for entertainment and dining Customer Base: Established loyal clientele with many repeat customers since early 2000s Ownership: Operated by full-time owners with strong community ties, offering a smooth transition for new ownership Lease Terms: Current lease with 7 years remaining, monthly rent $3,558 with a modest annual increase Growth Potential: Opportunities to expand catering, delivery services, and event programming This confidential sale is an exceptional opportunity for an investor or hospitality professional looking to enter or expand in the thriving Mount Clemens market. Interested parties must respect confidentiality protocols and will be required to sign a non-disclosure agreement to receive detailed financials and operational information. For confidential inquiries, contact the listing broker. Do not contact the business directly to preserve operational confidentiality.
Contact the Seller:
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Property Features and Assets:
Licensed seating capacity of 190 inside, no outdoor seating licensed. Fully equipped kitchen, bar, POS system, audio/visual system, and all furnishings, fixtures, and equipment included. Clean financial records and updated licenses.
Market Competition and Expansion:
Target Market: Adults aged 25-60 Customer Base: Strong loyal clientele, many present since early 2000s, supported by a welcoming atmosphere and quality food/service. Key Offerings: Full menu entrees, cocktails, live entertainment, private party venues, and catering services. Payment Terms: Credit card or cash
Reason for Selling:
Owners are seeking retirement and more family time. Expected minimal business disruption during ownership transition. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Michigan businesses for sale
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