Restaurant/Bar for sale $850,000 or Best Offer! (ID: 1090478)

Business Description

South of Ann Arbor, this Michigan restaurant and bar has a price of $850,000 which includes the building. The owner says bring me any offers. The owner will also consider selling the business and liquor license separately for $450,000 with $250,000 down and leasing the building to the buyer, however this is NOT preferred. The restaurant is beautifully decorated with bar area, that seats 15+, booths and table seating, excellent cuisine, and transferable class C liquor license. This is a very comfortable place to dine and has great food. Business equipment valued at market value. All furniture, fixtures and equipment included in asking price. Restaurant has increased sales and profitability since opening. Restaurant serves local and traveling business professionals, groups who meet there, and families. Marketing opportunities not currently taken advantage of will serve a new owner well. Very well run, well trained staff. Ideally suited for an owner operator to further increase cash flow.
If interested in this business you must complete and return a NDA (confidentiality agreement) and have a conversation with Michelle prior to disclosure of business name and location and any other information. You will be asked about your background, experience, current occupation and financial wherewithal to purchase this business. No exceptions. Call 734-323-0376 or email michelle@bbfbrokers.com for NDA.

About the Business

Year Established: 2009
Number of Employees: 25

Facilities: All Furniture, Fixtures & Equipment (FF&E) go with the sale. Building is 5000 sq ft. Owner leases an adjoining room for the group meetings and parties held there. Seating for up to 100. Kitchen is big and fabulous! Kitchen includes hoods, new HVAC systems, coolers, ovens and much more.

Market Outlook/Competition: Room for expansion of menu, venues and marketing opportunities. Very little competition in this town for this type of restaurant. Restaurant has state highway signage on two exit / entry ramps.

About the Sale

Reason For Selling: Retirement

Training/Support: Owner willing to assist buyer as needed.

Seller Financing: Owner will consider all offers! Meaningful down payment required.

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