Catylist ID:
#30646649
Iconic "FULL HOUSE" Restaurant for Sale in Ypsilanti
Business Opportunity
for Sale
| Catylist Listing ID: | 30646649 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 2,935 SF |
| Sale Price: | $500,000 |
| In Opportunity Zone? | Yes |
| Name of Establishment: | The Full House - "The Best/Only Burger in Town" |
| Year Business Established: | 1973 |
| Gross Revenue: | $400,000 (Annual) |
| Cash Flow: | $0 (Annual) |
| Sale Terms: | Cash |
| Last Updated: | 1/22/2021 |
Overview / Comments
|
Since 1973, The Full House Restaurant has proudly served millions of quality sandwiches to millions of hungry customers. It's a "Great Little Place in a Great Little Town". A 65 seat restaurant offering lunch & dinner, beer/wine/liquor, televised sporting events & KENO. Includes real estate, furniture, fixtures & equipment, Class C Liquor License and State Lottery License. The Michigan State Lottery Commission has named "The Full House" as the Best Place to Play KENO in Washtenaw County! Located off high traffic Michigan Avenue, east of downtown Ypsilanti. Easy access to I-94 via Huron or US-12/Michigan Ave. Zoned GC (General Corridor), City of Ypsilanti. |
Attachments & Media
Additional Details
| Nearest MSA: | Ann Arbor |
| County: | Washtenaw |
| Industry Segment: | Restaurants |
| Reason for Selling: | Retirement |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Real Estate Status: | Real Property |
| Value of Real Estate Included ($): | $250,000 |
| Mgmt/Training Support Description: | Seller will personally offer up to 45 days consulting after closing. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 12,480 | 66,444 | 136,347 |
| Median Age: | 34.98 | 33.09 | 34.73 |
| Households: | 5,608 | 27,716 | 55,763 |
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