Pub & Restaurant

Reference Code 0271

This is a great opportunity to own an established Pub & Restaurant in the Downriver area. Established in 2000, this free-standing Pub & Restaurant is located on very busy, highly traveled road, surrounded by plenty of residential and commercial properties in the surrounding areas. Fully equipped kitchen is in very good condition and all the equipment is serviced and maintained regularly. Full menu consists of: Appetizers, Salads, Burgers, Sandwiches, Seafood, Chicken, Sides, Dessert and so much more. Famously known for their Fish Fry and Fish Dinners! There are about a dozen TVs carrying various sports channels throughout the establishment along with live music on Friday & Saturdays and Keno. Business is being run semi-absentee with no advertising being doneā€¦A new owner/operator with some creative advertising/marketing along with adding pool & dart tournaments, drink specials, extend the hours and menu, adding bike & car shows, you have HUGE potential. Currently this Pub is being operated semi-absentee and has tons of potential. The possibilities are endless for an owner/operator with a vision! Business can be bought with or without property! A must see/must have business! Seller will entertain all reasonable offers!

Business Location Downriver, MI
Gross Sales $1,019,603 Cash Flow TBD Business Price $475,000 Down Payment $250,000 Monthly Payment $2,729.87 Interest Rate / Amortization 8% int., amortized over 120 months, balloon due in 60 months License Required Sales, Food, Class C, Keno, Lotto Inventory Value $20k-$30k Employees Full Time 10 Employees Part Time 10 Date Established 2000 Hours of Operation Mon 4pm-11pm / Tue-Th 11am-12am / Fri-Sat 11am-2am / Sun 12pm-11pm Rent $4,000 Gross Lease Period 11/2021 Real Estate Available Reason for Sale Absentee Owner


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