Business For Sale

Neighborhood Bar-Includes Real Estate!

Not Disclosed, MI
Wayne County

Downriver Area


Asking Price: Annual Revenue:
$300,000 $150,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Neighborhood Bar-Includes Real Estate! Broker: Capital Business Brokerage
Owner Financing is Available!

Quick Facts

Asking Price: $300,000
Annual Revenue: $150,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $200,000
Year Established: 1940
Employees: 4
BBN Listing #: 87592679
Broker Reference #: B2447

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Business Overview:

This neighborhood bar and building has existed since 1940 and has been operated by the current owner since 2000. The bar seats approximately 75 people. There is a small but functional grill, fryer and hood system. Also, there is some other equipment sold in as is condition. The bar has been operated on a semi-absentee basis. It is prime to be remodeled and a new theme created.
In addition to the bar business, the building is has two apartments above, a small building currently rented on a month-to-month basis to pay day advance business and a fenced, vacant lot adjacent to the north that would make an excellent patio.
The pool table, poker machines and other video games belong to a vendor. The bar receives 70% of the revenue and the vendor received 30%. The bar and building are for sale together for $300,000 with $100,000 down with seller financing on the balance.

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.

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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