Macomb County Bar, Restaurant and Property $1,995,000

Asking Price$1,995,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$15,000
Not included in asking price
FF&ENot Disclosed

Real Estate$1,500,000
Included in asking price
listing imageSave

Macomb County Bar, Restaurant and Property $1,995,000


Asking Price$1,995,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$15,000
Not included in asking price
FF&ENot Disclosed

Real Estate$1,500,000
Included in asking price
Business Description
Clinton Township Famous Restaurant-Bar-Property Gross $1,593,550
Very sharp Decor
Open 7 days Sunday thru Thursday 12 to 10, Friday thru Saturday 12 to 11
Business Sale $495,000, Landlord would consider leasing with option to purchase Property $1,500,000
About the Business
Years in Operation
51
Employees
27 (12 Full-time, 15 Part-time)
Facilities & Assets
Well known for over 50 years, Nautical Decor, Cozy horseshoe bar with hi-top tables, nice mix of booths and tables
Seats 180 with 2 Dining Rooms, 1 Party Room with lots of parties and groups for all occasions
Horseshoe Bar with 12 seats
Well equipped kitchen very well and maintained, new dishwasher $30,000 owned, 3 walk-in coolers
All equipment up to date and in compliance with the Health Department
Masonry Building consists of 5,000 sq. ft. on 1.6 acres of paved asphalt parking, lighted and stripped. Great visibility in a very busy Commercial, Residential and Industrial area
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
5,000
Rent
$9,000.00 per month
About the Sale
Seller Motivation
Family retiring after 50 years, has other Restaurant in Florida
Transition Support
Thirty days after closing
Listing Info
ID
2521011
Listing Views
131

Contact Seller

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Business Listed by: Michael Kelly Mike Kelly & Associates, Inc.

Listing ID: 2521011 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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