Classic Corner Bar In Harper Woods, Mi

Detroit, MI (Wayne County)

Classic Corner Bar In Harper Woods, Mi

Asking Price:$175,000

Cash Flow:N/A

Gross Revenue:$150,000

EBITDA:N/A

FF&E:$75,000

Inventory:N/A

Real Estate:$125,000

Established:1985

Classic Corner Bar In Harper Woods, Mi

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Business Description

CONFIDENTIAL SALE -- Great Corner Bar with 25 years of history in place. This is the classic corner Bar & Grill with a basic 6 foot cook line exposed in the bar. You can make burgers or chicken wings while still pouring drinks for customers. The building is 1,600 sq ft with a large 4,560 sq ft private parking lot in back. It is ready for a new owner as the current one wants to retire. They have made their money and now it is your turn. The cook line has the usual flat top, range and deep fryers in place to service a menu from burgers to grilled cheese and wing dings. Its the local Cheers bar. The bar itself runs almost the entire length of the building with tables and chairs along the opposite wall. One end of the room has dart games and poker machines. An electronic juke box provides the music. The games generate revenue for the bar of $350.00 per week. The MLCC Class C liquor license alone is worth $50,000.00! This is a great money maker for an owner operator. Come take a look. You won't regret it.

Attached Documents


Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
1,600
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
CLASSIC CORNER BAR. LONG BAR RUNNING THE LENGTH OF THE BUILDING WITH AN EXPOSED KITCHEN LINE TOWARD THE REAR OF THE LOCATION. LARGE 4,560 sq ft PRIVATE PARKING LOT INCLUDED IN THE OFFERING.
Financing:
AVAILABLE TO A QUALIFIED BUYER WITH SIGNIFICANT DOWN PAYMENT
Support & Training:
TRANSITIONAL SUPPORT AVAILABLE.
Reason for Selling:
BEEN THERE 20 YEARS, TIME TO RETIRE

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Michael Scheid

Business Listed By:
Michael Scheid

THOMAS HOSPITALITY GROUP

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