Hot Listing

The Green Door Lansing's Premier Live Music Venue

Asking Price$200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$599,000
Not included in asking price
Seating
Outdoor
Stage & Live Music
Dance Floor
Seating
Outdoor Patio
Seating
Outdoor
Save1/6
Hot Listing

The Green Door Lansing's Premier Live Music Venue


Asking Price$200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$599,000
Not included in asking price

Seller Financing Available
Business Description
FOR SALE: The Green Door Bar & Grill | 2005 E. Michigan Ave., Lansing, MI 48912

Includes 3 Commercial Storefronts on Michigan Ave: 2005, 2007, 2009

Includes active liquor license plus Sunday sales and outside patio license

Been in business since 1970's

Main Level Square Footage: 3988

Basement Square Footage: 1330 (includes banquet room plus bathrooms and storage). The venue is grandfathered in for the basement with full service.

Iconic music venue in the heart of Lansing – between the State Capitol and Spartan Stadium. Crossroads are Aurelius/Clemens and East Michigan Ave.

Management willing to stay for transition

Heavy pedestrian and vehicular traffic. Directly across from newly built The Venue apartments and storefronts.

Perfect location for a music venue, restaurant, bar, lounge, and retail space.

Original restrooms on the lower level and ADA Compliant restrooms on the main level

The Fire Marshall Capacity for the venue is 238, which includes the lower level with a capacity of 49 people.

A full kitchen includes a flat top, char-broiler, fryer, pizza oven, large standup refrigerator, prep refrigerator, and chest freezer.

The kitchen is fully licensed with a fire suppression system that is up to date.

The Venue comes with *PAID OFF* POS System and 4 terminals (HARBORTOUCH/
SHIFT4)

All furniture is included: barstools, tables, chairs and fixtures

Full sound system that includes subs, speakers, new Yamaha drive rack PA board, limiter and lighting
About the Business
Years in Operation
55
Employees
12
Facilities & Assets
A full kitchen includes a flat top, char-broiler, fryer, pizza oven, large standup refrigerator, prep refrigerator, and chest freezer. All furniture is included: barstools, tables, chairs and fixtures
Full sound system that includes subs, speakers, new Yamaha drive rack PA board, limiter and lighting
Opportunities for Growth
Michigan Avenue resurfaced from Capitol to Frandor.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
5,300
About the Sale
Transition Support
Management will stay on during transition and possibly to run the business post sale
Financing Options
Owner financing available or conventional
Listing Info
ID
2295392
Listing Views
6897
Business Location

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Jonathan Woolston

Listing ID: 2295392 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.