Business For Sale

Long-Standing Sports Bar and Restaurant

Not Disclosed, MI
St. Joseph County


Asking Price: Annual Revenue:
$940,000 $1,114,764

Food & Beverage: Bars, Clubs, Nightspots


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RE: Long-Standing Sports Bar and Restaurant Broker: Doug Yntema
License #: 6505390109

Quick Facts

Asking Price: $940,000
Annual Revenue: $1,114,764
Net Profit: Not Disclosed
Cash Flow: $134,538
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 28
BBN Listing #: 651145079
Broker Reference #: 916

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Business Overview:

Founded over 100 years ago, the Restaurant has provided customers with delicious drinks and food to a loyal customer base. The Restaurant’s menu is full of a wide variety of delicious food and drink options. Operating out of a 4,000+ square feet facility, the Restaurant can seat more than 200 people. The real estate, appraised at $595,000, is included with the business for a total purchase price of $940,000.

The Company has steadily grown revenue over the previous few years and has several opportunities to grow and increase profitability.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency.

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Property Features and Assets:

New facility that was rebuilt just a few years ago.

Market Competition and Expansion:

The Company has several investment highlights: 1) The Restaurant has been serving delicious foods and drinks for over 100 years. 2) Food Relationship: The Company previously purchased a food franchise in order to deliver delicious food to customers. The Company is not paying a royalty to the franchisor and has all of the food recipes. 3) Lack of Competition: The Restaurant and Bar is located in an area where it does not face severe competition. It has built great recognition and a loyal customer base. 4) Strong Community Support: The Restaurant has developed strong support from the local community because of the Company’s length of time serving the area. The Company has many opportunities for growth including enhancing its marketing strategy.

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.

Documents:

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