Description
Our firm is thrilled to present an exceptional local tavern with great history spanning decades. Nestled just one mile from Mound Road, this establishment enjoys a prime location surrounded by thriving residential neighborhoods in Macomb County. With more than 20 years of establishment, this tavern has become an integral part of the community, cherished by locals and boasting an impressive track record of over 100 5-star online reviews.
This tavern is celebrated for its attractively priced beverages and delectable bar food. Beyond that, it offers a vibrant atmosphere with periodic live music performances, pool tables, and an array of bar games. The tavern also offers lottery and keno games that brings in close to $40,000 a year in lotto income to the current owner. A dedicated team of long-serving employees adds to the welcoming ambiance, creating a familiar and cherished experience for customers.
The tavern is inside a standalone building with ample parking space to accommodate customers. The building is approximately 2,400 square feet and situated on 0.69 acres, the property enjoys a prominent position along a major road. The current owner has made substantial enhancements to both the building and parking facilities, ensuring a well-maintained and appealing environment.
The potential for growth in this local gem is amazing. A new owner could elevate the tavern’s appeal by introducing unique cocktails and expanding the menu offerings. Additionally, implementing creative marketing strategies within the local community to attract new customers.
The current owner/seller is open to facilitating a land contract that includes both the business and the real estate, for qualified buyers. This unique opportunity ensures a smooth handover for those looking to take the reins of this beloved establishment and propel it to new heights.
Get More InfoBusiness Overview
| Revenue | $215,194 +/- |
| Cash Flow | $59,940 +/- |
| Inventory | $To Follow |
| Year Established | To Follow |
| Seller Financing | No |
| Employees | 4FT 0PT |
| Asking Price | $100,000 |
Key Statistics
- Hours of Operation: 7 days 11am-2am
- Employees: 4 Full Time 0 Part Time
- Year Established: To Follow
- Year Acquired: 1991
- Liscence Required: Liquor, Sales tax, Lotto
- Seats: To Follow
- Parking: Ample
Financial Information
- Gross Sales: $215,194 +/-
- Source: Seller Provided Financials
- Cash Flow: $59,940 +/-
- Source: Seller Stated
- Inventory Value: To Follow
Seller Financing
Location
- Real Estate Price:$300,000
- Purchase Terms: Cash
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Disclaimer
The information on this website is for informational purposes only and should not be considered legal, financial, or investment advice. Capital Commercial Group, Inc. makes no guarantees regarding potential income, market conditions, or the accuracy of the information provided. This information has been supplied to Capital Commercial Group, Inc. by sellers or obtained from other sources. We have not and will not verify its accuracy and recommend that purchasers independently verify any information with their own counsel. Links to third-party sites are provided for convenience; we do not endorse or assume responsibility for their content. Users should conduct their own due diligence and seek professional advice before making business decisions.