Well-Known Hometown Restaurant & Bar

Not Disclosed, MI
Oakland County


Asking Price: Annual Revenue:
$395,000 $1,066,831

Food & Beverage: Bars, Clubs, Nightspots


Request More Information
Contact the Seller

RE: Well-Known Hometown Restaurant & Bar Broker: Tanya Popov

Quick Facts

Asking Price: $395,000
Annual Revenue: $1,066,831
Net Profit: Not Disclosed
Cash Flow: $73,809
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 32
BBN Listing #: 629928552
Broker Reference #: MI050919

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

We are pleased to introduce a long established hometown restaurant & bar located in a beautiful part of Oakland County Michigan. Open since 1980, the business has been proudly providing exceptional service and is a hometown favorite located in a very up and coming downtown area. Well-known for their breakfast menu and open bar area with live entertainment and loyal following.
This restaurant café is immaculately clean and provides a cozy atmosphere for anyone to relax and enjoy a nice meal. Providing breakfast, lunch and dinner, cocktails and live entertainment, this is a great fit for every patron. Offering a family style café section that connects to a lounge as well as offering a small outdoor eating area. The owner has placed $20,000 in new equipment within the last year. Liquor license and all assets are included with the sale. Inventory, liquor and lottery are not included in the asking price.
This is a turn-key operation and is ideal for a family business or partnership with great work ethics and a passion for food. More information is available with signed Non-Disclosure. All buyers must show financial capability.

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.

Property Features and Assets:

Currently the business operates out of unique corner leased space with access from both streets connecting restaurant and bar lounge through the interior door. Restaurant occupies 3,000 square feet space plus full basement including complete prep area with favorable lease terms until 2028. Located in a cozy downtown area that is exploding with retail and residential development.

Market Competition and Expansion:

Although competition exists, the location is the key. The variety of services and atmosphere offered attract patrons with a local loyal following. Plenty of opportunities for growth including catering and entertainment as well as hosting events.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!