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Sports Bar / Restaurant On A Lake
Location: United States -> Michigan -> Wayne County
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Great sports bar/restaurant with a lot of potential for sale. This business has not been managed properly and all it will take to double or triple the gross and turn a great profit is a hands on owner to get it back to an elite status. The current owners will tell you this bar/restaurant has been mismanaged. In years past when it was being managed properly it was grossing over 4 million, poor food and service has been the main problem.

The current owners have another business so they don't have the time to run this one. It comes with a beautiful outdoor deck with a bar, TV's and tables that can be used year round and sits right next to a lake. Seating for the business inside & out is around 400 with a nice mix of high top tables - booths - regular tables and bar seats. Patrons will not miss any of their favorite sporting events with over 100 TV's to choose from.

The bar / restaurant also comes with lotto / keno and gambling / card games. The liquor license is a class C. The property is being sold with the business, the price listed is only for the business. The owner will be happy to open the books, negotiate the price of the business & property and possible owner financing for the right buyer. Come take a look at this fantastic opportunity.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,600,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $60,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  The seller will train the new owner.
Reason For Selling:  Other opportunities

Photos

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Sports Bar / Restaurant On A Lake Photo 1 Sports Bar / Restaurant On A Lake Photo 2




Print Listing Id: 700274948
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

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



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