Michigan Business Broker

CALL TODAY! (248) 220-3274

CALL TODAY! (248) 220-3274

Well Known Restaurant in Northern Oakland County

Well Known Restaurant in Northern Oakland County

Seller Financing Available

Asking Price: $1,599,999
Cash Flow: N/A
Gross Revenue: N/A
EBITDA: N/A
FF&E: $250,000
Inventory: $20,000*
Real Estate: $1,000,000
Established: 1949
*not included in asking price.

Business Description
Very Profitable Bar with Great Lottery Sales

This business has been part of this community for over 60 years and under current ownership since 1991!

Well known for great service and great food with close to a 5 STAR rating. The location is 5,581 square feet and on 0.31 acres so offers plenty of traffic with easy access.

The building also has an upstairs apartment that is approximately 1,200 square feet can be used as a rental to generate additional income, currently being used as storage.

Basement also available for additional storage and prep!

Detailed Information
Location: Oakland County, MI
Inventory: Not included in asking price
Real Estate: Owned

Included in asking price
Building SF: 5,581
Employees: 7FT-11PT
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Large free standing building located on main roadway. Parcel is .031 acre that provides plenty of parking with easy access. Building also has separate 1,200 square foot upstairs apartment that is currently being used as storage but could be utilized as a rental for additional income. Basement for extra storage
Competition: Continue to market and promote within this community. This area has very little competition so continuing excellent service is important.
Growth & Expansion: Create a marketing plan that includes local community promotion as well as creating a website and use of all forms of social media.
Financing: For Qualified Buyers
Support & Training: Seller will be available for 14 days at a minimum of 4 hours per day for training at no additional cost to Buyer
Reason for Selling: Retirement

  • Listing ID: 1129

 Restaurant

Contact this listing owner