Bar & Grill

Asking Price$199,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$240,000

Inventory$5,000
Not included in asking price
FF&ENot Disclosed

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Bar & Grill


Asking Price$199,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$240,000

Inventory$5,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
This is a great opportunity to own a long-established neighborhood Bar & Grill in Oakland County. Established in the 1980’s, this Bar & Grill just recently completed a $100,000 makeover and shows beautifully! Located outside of a suburban downtown district and surrounded by plenty of residential and commercial properties. Large full kitchen is in very good working condition and has been serviced and maintained regularly. Currently the bar offers a Pool League, Poker League, Karaoke, Live Music, Comedy Shows along with a nice large patio overlooking a natural fed pond. Current owner does not advertise…A new owner/operator with some creative advertising/marketing along with adding drink specials, extend the menu, promote weekend bike & car shows, Keno and bikini wait staff, you have HUGE potential. Currently this bar is being operated absentee and has tons of potential. The possibilities are endless for an owner/operator with a vision! Great conversion for a Family Style Restaurant or Coney Island with Class C Liquor License. Seller will entertain all reasonable offers!
About the Business
Years in Operation
10
Number of Employees
3
Facilities & Assets
This is a great opportunity to own a long-established neighborhood Bar & Grill in Oakland County. Established in the 1980’s, this Bar & Grill just recently completed a $100,000 makeover and shows beautifully! Located outside of a suburban downtown district and surrounded by plenty of residential and commercial properties. Large full kitchen is in very good working condition and has been serviced and maintained regularly.
Website
https://www.apnazarian.com/
Opportunities for Growth
Current owner does not advertise…A new owner/operator with some creative advertising/marketing along with adding drink specials, extend the menu, promote weekend bike & car shows, Keno and bikini wait staff, you have HUGE potential.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$3,450.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train.
Financing Options
$199,000 with $120,000 down, 8% int., amortized over 60 months
Listing Info
ID
2299537
Listing Views
1554

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Business Listed by: AP Nazarian Armen Nazarian Business Brokers

Listing ID: 2299537 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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