SPORTS BAR WITH LAND IN WATERFORD

Undisclosed Address, Michigan
Business Opportunity for Sale
Catylist Listing ID: 30656418
Property Subtypes: Food and Beverage
Building Size (RSF): 2,500 SF
Sale Price: $469,000
Year Business Established: 1993
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Buy the business and real estate or purchase the business and rent.
Last Updated: 10/7/2020

Overview / Comments

Established in 1993, this local sports bar of 2,500 sq ft (with 2,500 sq ft basement/storage) is well established in the neighborhood. Lots of rooftops with local patrons. On very busy 4 lane road so plenty of traffic to bring in customers. The bar is located on 1.2 acres with 13,000 sq ft of private parking lot. The bar is known for its tasty bar food and good value drinks. In line kitchen has plenty of fire power for any bar food. Walk in runs the length of the bar and is set up to back fill the bar reach in coolers. Also known for live music and its open mic nights. Sports are covered with flat screens. If you are in the mood for pool, tables are there. Recent remodel includes newer roof and HVAC, great bathrooms, upgraded insulation. Lower level has separate bath with shower and is big enough for a band practice - yes, its that big.

Buy the business and real estate for $469,000

Additional Details

Industry Segment: Bars and Taverns
Reason for Selling: It time
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $125,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Real Estate Lease Description: terms to be negotiated if only business is purchased
Mgmt/Training Support Description: transition support is available
Seller Financing Description: Owner will consider offers

Contact

Photograph of Listing Agent

Michael E. Scheid

Thomas Hospitality Group
CPIX Member
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