Restaurant/Bar

Reference Code 0582

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!

Business Location Suburban Wayne County, MI
Gross Sales $1,200,000 Cash Flow TBD Business Price $1,200,000 Down Payment Cash/SBA/Partnership License Required Sales, Food, Class C Inventory Value $15,000 Employees Full Time 6 Employees Part Time 10 Date Established 2023 Hours of Operation Mon-Th 11am-11pm / Fri-Sat 11am-12am / Sun 11am-10pm Rent $7,583 Gross Lease Period 2/2028 Reason for Sale Partnership Conflict


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