Lakefront Restaurant Bar

Asking Price$850,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,400,000

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

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Lakefront Restaurant Bar


Asking Price$850,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,400,000

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

Business Description
This is a great opportunity to own a well-known, new Restaurant/Bar in Suburban Wayne County. Established in 3/2023, this “new build” Restaurant/Bar is located in a downtown district across the lake surrounded by plenty of residential and commercial properties in the surrounding areas. Approximate build-out of $1.45 million, every aspect of this establishment has been custom made and tastefully decorated. The décor had a cost of more than $150,000 alone throughout the dining and bar areas. Fully equipped kitchen is in “brand new” condition and all the equipment is serviced and maintained regularly. Full menu consists of: Appetizers, Salads, Steaks, Seafood, Chicken, Pizza, Burgers, Sandwiches, Sides, Dessert and so more. Great drink menu! Live entertainment Thur-Sat! Current owners do no advertising…A new owner/operator with some creative advertising/marketing along with adding Keno, extend the hours and menu, you have HUGE potential to the already solid figures. Partnership conflict forces sale! The possibilities are endless for an owner/operator with a vision. A must see/must have business that will not last long! Restaurant shows beautiful!! Owner will train! Call Armen Nazarian Business Brokers
About the Business
Years in Operation
2
Employees
16
Facilities & Assets
Approximate build-out of $1.45 million, every aspect of this establishment has been custom made and tastefully decorated. The décor had a cost of more than $150,000 alone throughout the dining and bar areas. Fully equipped kitchen is in “brand new” condition and all the equipment is serviced and maintained regularly. Full menu consists of: Appetizers, Salads, Steaks, Seafood, Chicken, Pizza, Burgers, Sandwiches, Sides, Dessert and so more. Great drink menu! Live entertainment Thur-Sat!
Opportunities for Growth
Current owners do no advertising…A new owner/operator with some creative advertising/marketing along with adding Keno, extend the hours and menu, you have HUGE potential to the already solid figures. Partnership conflict forces sale! The possibilities are endless for an owner/operator with a vision.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,300
Rent
$7,583.00 per month
About the Sale
Seller Motivation
Partnership Conflict
Transition Support
Seller will Train
Listing Info
ID
2361683
Listing Views
238

Contact Seller

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Business Listed by: Armen Nazarian Armen Nazarian Business Brokers

Listing ID: 2361683 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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