PENDING - Italian Restaurant and Banquet Hall - SBA Approved!!!!
Listing Price: $699,999
Asking Price: $699,999
FF&E: $250,000
Inventory: $20,000*
*not included in asking price
Real Estate: $650,000
included in the asking price
Established: 1965
Business Description
This location is a well-established icon in the Wayne County area that has been family owned and operated since 1965. This price INCLUDES THE BUILDING, REAL ESTATE AND LIQUOR LICENSE
Detailed Information
- Location:
- Livonia, MI
- Inventory:
- Not included in asking price
- Real Estate:
- Owned
- Included in asking price
- Building SF:
- 10,186
- Employees:
- 14
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Stand-alone building on the main roadway. Offering options to expand the current bar and restaurant area or continue with the current layout of three separate banquet areas.
- Competition:
- Currently not a lot of banquet halls in the area. Continue to promote and market availability
- Growth & Expansion:
- Create a strong marketing plan to promote the banquet facilities. Utilizing all forms of social media
- Financing:
- Cash
- Support & Training:
- Sellers will be available if the Buyers are interested in the same operation for training for 14 days at a minimum of 4 hours per day at no additional cost.
- Reason for Selling:
- Retirement
- Listing ID: 1894
- Business Type: Restaurant & Banquet Hall
- BizBuySell ID: 2004951
- County: Wayne