Iconic Tavern in the heart of Leelanau

Asking Price$1,350,000

Cash Flow
$350,000

EBITDA$400,000

Gross Revenue$1,315,000

Inventory$60,000
Not included in asking price
FF&E$90,000
Included in asking price
Real Estate$700,000
Included in asking price
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Iconic Tavern in the heart of Leelanau


Asking Price$1,350,000

Cash Flow
$350,000

EBITDA$400,000

Gross Revenue$1,315,000

Inventory$60,000
Not included in asking price
FF&E$90,000
Included in asking price
Real Estate$700,000
Included in asking price

Seller Financing Available
Business Description
If you know the area, then you know this business. You will not find a cleaner kitchen, or a more successful restaurant than Fischer's Happy Hour Tavern. We have key staff in place ready to move forward with the next owner.
About the Business
Years in Operation
54
Facilities & Assets
Full service bar and restaurant, with a 3 bedroom appartment above it.
https://www.realty.com/commercial-listings/346892599/7100-N-Manitou-Trail-Northport-MI-49670
Website
https://www.fischershappyhour.com/
Market Outlook / Competition
We have seen consistent growth year after year, as this area is growing both seasonally and year round. Leelanau county is gaining national attention as one of the most beautiful places in the world, that is showing in new customers daily.
Opportunities for Growth
We have recently rehabed an old barn on the back of the property that would make for an amazing event space for the next owner. There is plenty of versatile space outside.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,198
About the Sale
Seller Motivation
We are ready for a new chapter after doing this for our lifetime.
Transition Support
We will stay on as long as needed to ensure a smooth transition, along with key employees. This has been in my family for over 50 years and care deeply about it being successful for the next person.
Financing Options
Seller Financing Financing available with half down.
Listing Info
ID
2225987
Listing Views
5932
Attached DocumentsAttachment Disclaimer

tax.pdf

doc.pdf

title.pdf

Business Location

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Business Listed by: Kristi Fischer

Listing ID: 2225987 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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