Bar & Grill

Reference Code 0204

This is a great opportunity to own an established neighborhood Bar & Grill in Suburban Wayne County. Established in the 1970’s, this free-standing Bar & Grill is located on a hard corner, right in the middle of industrial and residential properties with no immediate food establishment nearby. Full kitchen is in very good condition and has been serviced and maintained regularly. Current owner has a full-time corporate career and not involved in the day-to-day business operations. A new owner/operator with some creative advertising/marketing along with adding pool & dart tournaments, karaoke, live bands, DJ, drink specials, extend the menu, bike & car shows, add outside patio along with a 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. Business can be bought with or without property! Seller will entertain all reasonable offers!

Business Location Suburban Wayne County, MI
Gross Sales $271,000 Cash Flow $80,000 Business Price $160,000 Down Payment $70,000 Monthly Payment $1,140.08 Interest Rate / Amortization 9% int., amortized over 120 months License Required Sales, Food, Class C, Dance, Sunday Sales Inventory Value $5,000 Employees Full Time 4 Date Established 1970's Hours of Operation Monday-Sunday / 5am-2am Rent Negotiable Lease Period New Lease Required Real Estate Land Contract, Cash, New Mortgage Reason for Sale Retire / Moving out of State


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