Bar & Grill w/Real Estate

File# C2533
Location: Macomb County
Business Price: $175,000
Down Payment: $75,000
Monthly Payment:$1,933.28
Interest Rate: 6%
Amortization Period:60 months
Gross Sales: $808,813
Source: Sales Report provided by seller
Cash Flow: TBD
Source:
Inventory: $15,000
Days Open: 7 days
Business Hours: SNDAY:10AM-9PM MON-SAT: 10AM - 11PM/MIDNIGHT
Seats: 120 + patio
Parking: ample
Licences Required:Class C, Lottery, Sales Tax and Health
Year Established:1970
Year Acquired:
Monthly Rent:$5,700 includes real estate taxes

Profile:

This is a great opportunity to own a 5200 square feet beautiful and popular grill and bar located on a busy road in Macomb County.  This business is surrounded by many businesses, colleges, offices and residential neighborhoods.  In addition to the 120 seat capacity, there is a patio in front of the building which is used in season.  They have a full line of menu items and are well known for their burgers.  They offer a Sunday brunch as well as a large variety of cocktails, martinis, beer, and wine.  The online reputation of this business is also good and has many reviews from customers. The current owner has operated this restaurant bar for about six years now and has decided to sell because of getting involved in another business opportunity.  A new experienced owner can take this bar to another level by making some minor upgrades and aggressive marketing.  This business has excellent potential to be a very lucrative operation.  The real estate may be leased or purchased with the business on a Land Contract with an additional $125,000 down.  Give us a call today to learn more about this opportunity.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.