ADD FREE LISTING

Long Established Sports Bar with Real Estate

Macomb County, MI, USA
GET FINANCING
Businesses For Sale | Bars, Pubs, & Taverns For Sale

Listing ID : 427363

Posted on February 8, 2024 View Count 4

Price :
$150,000
Business Financials & Assets :
Gross Revenue:
$250,000
Cash Flow:
$74,999
Year Established:
1991
Inventory Included:
No
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Property Details :
Business Details :
Number of Employees:
4
Absentee Owner:
No
Business Can Be Moved:
No
License Included:
Yes
Real Estate:
Available for Purchase
Rent:
$2,500
Type of Lease:
Triple Net Lease (NNN Lease)
Building Size:
2,400 Sq. Ft.
Terms :
NDA Required:
Yes
Broker Co-Op:
No
Financing:
Seller Financing Available: Business Price: $150,000 Down Payment: $75,000 Monthly Payment: $760.70 Interest Rate: 9% Amortization Period: 180
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

Our firm is thrilled to present an exceptional local tavern with great history spanning decades. Nestled just one mile from Mound Road, this establishment enjoys a prime location surrounded by thriving residential neighborhoods in Macomb County. With more than 20 years of establishment, this tavern has become an integral part of the community, cherished by locals and boasting an impressive track record of over 100 5-star online reviews.

This tavern is celebrated for its attractively priced beverages and delectable bar food. Beyond that, it offers a vibrant atmosphere with periodic live music performances, pool tables, and an array of bar games. The tavern also offers lottery and kino games that brings in close to $40,000 a year in lotto income to the current owner. A dedicated team of long-serving employees adds to the welcoming ambiance, creating a familiar and cherished experience for customers.

The tavern is inside a standalone building with ample parking space to accommodate customers. The building is approximately 2,400 square feet and situated on 0.69 acres, the property enjoys a prominent position along a major road. The current owner has made substantial enhancements to both the building and parking facilities, ensuring a well-maintained and appealing environment.

The potential for growth in this local gem is amazing. A new owner could elevate the tavern’s appeal by introducing unique cocktails and expanding the menu offerings. Additionally, implementing creative marketing strategies within the local community to attract new customers.

The current owner/seller is open to facilitating a land contract that includes both the business and the real estate, for qualified buyers. This unique opportunity ensures a smooth handover for those looking to take the reins of this beloved establishment and propel it to new heights.

Seller Financing Available:

Business Price: $150,000

Down Payment: $75,000

Monthly Payment: $760.70

Interest Rate: 9%

Amortization Period: 180

Real Estate Available for Purchase:

Real Estate Price: $300,000

Purchase Terms: $75,000 down payment, 15 years / 9% interest rate with Balloon

High Selling CBD / THC Store in Naples, Fl $850,000
High Selling CBD / THC Store in Naples, Fl

6355 Naples Boulevard, Naples, FL, USA

Retail Stores & Dispensaries

Create an account

Connect me with a Buyer’s Agent/ Broker.

I Agree to BizTrader’s Terms and Conditions and Privacy Policy

You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776
You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776

Contact Listing Owner

All Listings
Capital Business Brokerage
License:6505300924

Search

Hemp Only Listings

Listings You May Also Like

Wayne County – Esthetician Studio

Wayne County, MI, USA

Turnkey esthetician studio business available for sale.New owners can continue to operate with the same business or rebrand/convert it to anything the

Other Beauty & Personal Care

Oakland County – Esthetician Studio

Oakland County, MI, USA

Turnkey esthetician studio business available for sale, includes business and Leasehold Rights.New owners can continue to operate with the same busine

Other Beauty & Personal Care

Profitable Healthy Food Distribution Business For Sale $135,000
Profitable Healthy Food Distribution Business For Sale

Brighton, Boston, MA, USA

Quality and healthy snack distribution business with territory in MA, NH, and RI. Flexible and simple business model with current cash flow from exist

Food Distributors

30MM Plus EBITDA Small Arms Manufacturing Company For Sale

United States

The Small Arms Manufacturing Company (SAM) offers a wide range of high-quality firearms and related products with a primary mission of delivering top-

Firearm and Weapons Manufacturing Companies