Bar - 55 years in Business
Business Description
The Town Pump – Where Friends Meet in the Heart of Lake City
Nestled right in the heart of downtown Lake City, Michigan, The Town Pump has been a cornerstone of the community for generations. Passed down through the same family for decades, it’s not just a bar — it’s a local institution where stories are told, memories are made, and friendships are formed. The motto here is simple and true: “Where Friends Meet.” From locals stopping in after work to visitors discovering Lake City’s charm for the first time, everyone who walks through the doors quickly becomes part of the Town Pump family.
The Town Pump stands out as the only true bar in downtown Lake City — not a restaurant and not membership-based. It’s the gathering spot where everyone feels welcome. Wednesday night pool leagues fill the tables, golfers drop in after league nights, and during the winter months, snowmobilers pull right up for a warm meal and a cold drink. When summer rolls around, tourists and cottage owners flood the area, stopping in to enjoy a laid-back atmosphere, friendly service, and the small-town character that makes Lake City so special.
Inside, the space blends comfort and charm with recent updates that make it completely turnkey for the next owner. Everything has been modernized — from the equipment to the finishes — while still maintaining that authentic, inviting bar feel. The layout offers plenty of seating, a full bar, TVs for watching the game, and areas perfect for entertainment, pool, or live music. It’s a place where you can feel the history in the walls but see the pride of ongoing investment and care in every corner.
The owners are committed to ensuring a smooth transition. They’re offering up to 30 days of hands-on training to help the new owners learn the business operations, meet the regulars, and understand what makes the Town Pump thrive. In addition, they’ll assist with transferring the liquor license and aligning the new owners with established vendors — making the handoff as seamless as possible.
Looking ahead, the Town Pump also has tremendous potential for expansion. The outdoor patio area presents an incredible opportunity for growth. By enclosing or building over the patio, a new owner could easily double the interior square footage and create additional seating or event space. With the city’s new park being developed directly across the street, this location is perfectly positioned to become the go-to spot for drinks, views, and community gatherings. As downtown Lake City continues to grow and attract both residents and tourists, the Town Pump’s prime location and strong reputation make it a once-in-a-lifetime opportunity to own a piece of Northern Michigan history.
From local events to casual nights out, the Town Pump has become the place where Lake City connects. It’s more than just a business — it’s part of the heartbeat of the community. Whether it’s the laughter echoing from a pool game, the buzz of conversation around the bar, or the friendly faces that return day after day, the Town Pump embodies what small-town hospitality is all about.
If you’re looking for an established, profitable business with deep community roots, strong customer loyalty, and room for future expansion — the Town Pump in Lake City is it. It’s not often a business with this kind of legacy and opportunity comes to market. This is your chance to carry forward a local tradition that’s been proudly serving Lake City residents and visitors alike for generations.
Nestled right in the heart of downtown Lake City, Michigan, The Town Pump has been a cornerstone of the community for generations. Passed down through the same family for decades, it’s not just a bar — it’s a local institution where stories are told, memories are made, and friendships are formed. The motto here is simple and true: “Where Friends Meet.” From locals stopping in after work to visitors discovering Lake City’s charm for the first time, everyone who walks through the doors quickly becomes part of the Town Pump family.
The Town Pump stands out as the only true bar in downtown Lake City — not a restaurant and not membership-based. It’s the gathering spot where everyone feels welcome. Wednesday night pool leagues fill the tables, golfers drop in after league nights, and during the winter months, snowmobilers pull right up for a warm meal and a cold drink. When summer rolls around, tourists and cottage owners flood the area, stopping in to enjoy a laid-back atmosphere, friendly service, and the small-town character that makes Lake City so special.
Inside, the space blends comfort and charm with recent updates that make it completely turnkey for the next owner. Everything has been modernized — from the equipment to the finishes — while still maintaining that authentic, inviting bar feel. The layout offers plenty of seating, a full bar, TVs for watching the game, and areas perfect for entertainment, pool, or live music. It’s a place where you can feel the history in the walls but see the pride of ongoing investment and care in every corner.
The owners are committed to ensuring a smooth transition. They’re offering up to 30 days of hands-on training to help the new owners learn the business operations, meet the regulars, and understand what makes the Town Pump thrive. In addition, they’ll assist with transferring the liquor license and aligning the new owners with established vendors — making the handoff as seamless as possible.
Looking ahead, the Town Pump also has tremendous potential for expansion. The outdoor patio area presents an incredible opportunity for growth. By enclosing or building over the patio, a new owner could easily double the interior square footage and create additional seating or event space. With the city’s new park being developed directly across the street, this location is perfectly positioned to become the go-to spot for drinks, views, and community gatherings. As downtown Lake City continues to grow and attract both residents and tourists, the Town Pump’s prime location and strong reputation make it a once-in-a-lifetime opportunity to own a piece of Northern Michigan history.
From local events to casual nights out, the Town Pump has become the place where Lake City connects. It’s more than just a business — it’s part of the heartbeat of the community. Whether it’s the laughter echoing from a pool game, the buzz of conversation around the bar, or the friendly faces that return day after day, the Town Pump embodies what small-town hospitality is all about.
If you’re looking for an established, profitable business with deep community roots, strong customer loyalty, and room for future expansion — the Town Pump in Lake City is it. It’s not often a business with this kind of legacy and opportunity comes to market. This is your chance to carry forward a local tradition that’s been proudly serving Lake City residents and visitors alike for generations.
About the Business
- Years in Operation
- 55
- Employees
- 6 (1 Full-time, 5 Part-time)
During summer months. The bar is staffed more to accommodate the influx of touri - Facilities & Assets
- The Town Pump is where friends meet — and that’s exactly what happens here. A true Lake City staple, it offers a warm, family-friendly environment with a fun, sports-bar vibe. Whether you’re catching a game, grabbing dinner with friends, or just enjoying the local crowd, the Town Pump is the perfect place to relax and feel right at home.
- Market Outlook / Competition
- The Town Pump stands out as the only true bar in downtown Lake City — not a restaurant and not membership-based. It’s the go-to spot for locals and visitors alike. Wednesday night pool brings in the regulars, golfers stop by after league play, snowmobilers warm up here in the winter, and tourists flock in during the summer for a cold drink and great company. This is the place everyone goes in Lake City.
- Opportunities for Growth
- The Town Pump offers excellent opportunity for growth. The existing outdoor patio provides room to expand — enclosing or building over it could double the square footage. Inside, everything has already been updated, making it turnkey for the next owner. With the new park being developed directly across the street, this location is set to become the go-to destination for drinks, views, and community gatherings in downtown Lake City.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,300
About the Sale
- Seller Motivation
- Owners are Retiring
- Transition Support
- The current owners are committed to a smooth handoff and will provide up to 30 days of hands-on training to ensure a seamless transition. They will also assist with transferring the liquor license to the new owners and help connect and align all vendor relationships for continued success.
- Financing Options
- Seller would prefer a Commercial or SBA loan. Will not consider land contract.
Listing Info
- ID
- 2363053
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2363053 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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