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Restaurant & Bar
Location: United States -> Michigan -> Farmington
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This is a 3,500 square foot neighborhood restaurant and bar for sale that has served locals in a casual atmosphere for many years. The menu consists of steaks, sandwiches and burgers. It has a full kitchen that can easily handle an extended menu. There is plenty of room to add consistent entertainment for the evening crowd. The dining room easily seats 80 patrons, not including the ample-sized wraparound bar. The building is well-maintained and is in good condition. Real estate and Class C liquor license are included in the sale. Owner is willing to sell on a Land Contract to a qualified buyer with $150,000 down.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $520,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1990
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  As needed.
Reason For Selling:  Retirement.




Print Listing Id: 700126754
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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