Brunch Restaurant & Cocktail Lounge
Business Description
Package Deal with Liquor License
This is a great opportunity to own two businesses in a busy downtown. One business is a brunch restaurant, and the second is a cocktail lounge adjacent to the restaurant. Both places are being sold as a package deal, with the liquor license included. The owner is not able to be there as many hours as are needed so a new operator could grow the business by being a full-time operator
1. Brunch Restaurant
-Est: August 2023
-70 seat restaurant with a fully built-out kitchen
-5 employees
-Hours: Tuesday-Saturday 10am-10pm; Sunday 10am-8pm; Monday - closed
2. Cocktail Lounge
-Est: October 2023
-3 bartenders
-100 person occupancy
- Hours: Sunday/Monday Closed; Tuesday-Thursday 4pm - 10pm; Friday-Saturday 4pm - 11pm
The rent for both is $7,500/month or 10% of gross revenue (cap at $20,000), whichever is higher. There is also an additional 5-year option.
1. Brunch Restaurant
-Est: August 2023
-70 seat restaurant with a fully built-out kitchen
-5 employees
-Hours: Tuesday-Saturday 10am-10pm; Sunday 10am-8pm; Monday - closed
2. Cocktail Lounge
-Est: October 2023
-3 bartenders
-100 person occupancy
- Hours: Sunday/Monday Closed; Tuesday-Thursday 4pm - 10pm; Friday-Saturday 4pm - 11pm
The rent for both is $7,500/month or 10% of gross revenue (cap at $20,000), whichever is higher. There is also an additional 5-year option.
About the Business
- Employees
- 8
- Facilities & Assets
- These two businesses, which are 10,000 square feet and include a full kitchen, are located in a busy downtown area.
- Opportunities for Growth
- Advertising in the community and on social media could help grow the business.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 10,000
- Rent
- $7,500.00 per month
About the Sale
- Seller Motivation
- Other business interests
- Transition Support
- The seller is willing to train a new owner.
- Financing Options
- Cash or Bank Financing
Listing Info
- ID
- 2369089
- Listing Views
- 1100
Listing ID: 2369089 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.
Businesses for SaleMichigan Businesses for SaleMichigan Food & Beverage Businesses for SaleMichigan Bars & Taverns Businesses for Sale
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