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- RE: Bar & Grill
- Contact: Armen Nazarian
Quick Facts
Asking Price: | $199,000 | |
Annual Revenue: | $240,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 3 | |
BBN Listing #: | 979807 | |
Broker Reference #: | 0661 |
Business Overview:
This is a great opportunity to own a long-established neighborhood Bar & Grill in Oakland County. Established in the 1980’s, this Bar & Grill just recently completed a $100,000 makeover and shows beautifully! Located outside of a suburban downtown district and surrounded by plenty of residential and commercial properties. Large full kitchen is in very good working condition and has been serviced and maintained regularly. Currently the bar offers a Pool League, Poker League, Karaoke, Live Music, Comedy Shows along with a nice large patio overlooking a natural fed pond. Current owner does not advertise…A new owner/operator with some creative advertising/marketing along with adding drink specials, extend the menu, promote weekend bike & car shows, Keno and bikini wait staff, you have HUGE potential. Currently this bar is being operated absentee and has tons of potential. The possibilities are endless for an owner/operator with a vision! Great conversion for a Family Style Restaurant or Coney Island with Class C Liquor License. Seller will entertain all reasonable offers! Call Armen Nazarian Business Brokers.
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Property Features and Assets:
Large full kitchen is in very good working condition and has been serviced and maintained regularly. Currently the bar offers a Pool League, Poker League, Karaoke, Live Music, Comedy Shows along with a nice large patio overlooking a natural fed pond.
Market Competition and Expansion:
Current owner does not advertise…A new owner/operator with some creative advertising/marketing along with adding drink specials, extend the menu, promote weekend bike & car shows, Keno and bikini wait staff, you have HUGE potential.
Reason for Selling:
RetireAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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