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: 4/13/2021

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.

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.

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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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