Restaurant Bar

Not Disclosed, MI Wayne County

Asking Price: $1,200,000

Annual Revenue: $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant Bar
Contact: Armen Nazarian

Quick Facts

	Asking Price:	$1,200,000
	Annual Revenue:	$1,200,000
	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:	16
	BBN Listing #:	936539
	Broker Reference #:	582

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Business Overview:

This is a great opportunity to own a well-known, new Restaurant/Bar in Suburban Wayne County. Established in 3/2023, this “new build” Restaurant/Bar is located in a downtown district across the lake surrounded by plenty of residential and commercial properties in the surrounding areas. Approximate build-out of $1.45 million, every aspect of this establishment has been custom made and tastefully decorated. The décor had a cost of more than $150,000 alone throughout the dining and bar areas. Fully equipped kitchen is in “brand new” condition and all the equipment is serviced and maintained regularly. Full menu consists of: Appetizers, Salads, Steaks, Seafood, Chicken, Pizza, Burgers, Sandwiches, Sides, Dessert and so more. Great drink menu! Live entertainment Thur-Sat! Current owners do no advertising…A new owner/operator with some creative advertising/marketing along with adding Keno, extend the hours and menu, you have HUGE potential to the already solid figures. Partnership conflict forces sale! The possibilities are endless for an owner/operator with a vision. A must see/must have business that will not last long! Restaurant shows beautiful!! Owner will train! Contact Armen Nazarian Business Brokers using reply to this ad button.

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Property Features and Assets:

Approximate build-out of $1.45 million, every aspect of this establishment has been custom made and tastefully decorated. The décor had a cost of more than $150,000 alone throughout the dining and bar areas. Fully equipped kitchen is in “brand new” condition and all the equipment is serviced and maintained regularly. Full menu consists of: Appetizers, Salads, Steaks, Seafood, Chicken, Pizza, Burgers, Sandwiches, Sides, Dessert and so more. Great drink menu! Live entertainment Thursday - Saturday!

Market Competition and Expansion:

Current owners do no advertising…A new owner/operator with some creative advertising/marketing along with adding Keno, extend the hours and menu, you have HUGE potential to the already solid figures.

Reason for Selling:

Partnership Conflict

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

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