Lansing Beer Grotto

Lansing, MI (Ingham County)

Seller Financing Available
Lansing Beer Grotto

Asking Price:$200,000

Cash Flow:N/A

Gross Revenue:$433,106

EBITDA:N/A

FF&E:$118,000

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2015

Lansing Beer Grotto

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Business Description

Fantastic Opportunity to own a Michigan Craft Beer and Wine store. Lansing store opened in April 2015. Located directly across the street from Cooley Law Stadium- home of the Lansing Lugnuts. Space is the end cap in the newly built Stadium District development. 4126 sf space with large patio seating includes a tasting room, retail shop and spacious bar/lounge area. Dexter location also available. Contact listing broker for confidentiality agreement.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
4,126
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
8 1/2 years remaining on 10 year NNN lease. Two 5 year term renewal options.
Competition:
Located directly across the street from Cooley Law Stadium - home of the Lansing Lugnuts. Space is the end cap in the newly built Stadium District development. West of the Grand River and the Michigan State Capitol. Easy access to I-496 and US-127.
Financing:
Cash or assumption of loan to Qualified Buyer.
Support & Training:
Current staff available to stay.
Reason for Selling:
Offsite Investor owner has other priorities and no time to oversee the operation
Franchise:
This business is an established franchise
Business Website:
http://www.beergrotto.com

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Business Listed By:
Charlie Koenn

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