Longstanding Restaurant & Bar
Not Disclosed, MI Not Disclosed
West Michigan
Request More Information Contact the Seller
- RE: Longstanding Restaurant & Bar
- Contact: Small Business
Quick Facts
| Asking Price: | $799,000 | |
| Annual Revenue: | $644,987 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,400 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | $350,000 | |
| Year Established: | Not Disclosed | |
| Employees: | 13 | |
| BBN Listing #: | 944968 | |
| Broker Reference #: | 853 |
Business Overview:
This renowned restaurant and bar proudly maintain a longstanding presence in the local area, tracing its roots back to the 1930s. Known for its welcoming atmosphere, delectable American fare food, and wide assortment of drink offerings, it stands as a cherished establishment.
Deeply ingrained in the community, the restaurant and bar boast a large and loyal local clientele who frequent it on a weekly basis. During the weekends, the restaurant and bar hots live music and karaoke, drawing in customers from the surrounding areas. Additionally, the restaurant and bar is highly rated online, maintaining an average Google rating of 4.6 stars across over 300 reviews.
Included in the sale of this business is a Class C liquor license, enabling new ownership to transition smoothly and continue serving its dedicated clientele. The asking price also encompasses the 4,400 square foot facility, a well-established landmark within the community.
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:
This 4,400 square feet venue boasts an inviting bar and seating area, a fully equipped kitchen, and an expansive upstairs space ready for future development. The property also offers ample parking, covering 0.8 acres to accommodate a large number of guests. Current ownership has made significant investments to enhance the establishment's operations, including the installation of a new drain field, a spacious walk-in cooler and freezer, and upgraded cooling fans for the beer cooler.
Market Competition and Expansion:
Investment Highlights Include:
- Established Local Presence & Loyal Customer Base
- Consistent Profitability
- Quality Food for Quality Price
Growth Opportunities Include:
- Create A Website
- Increase Hours of Operation
Reason for Selling:
One owner is seeking retirement and the others would like to focus on personal life.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
