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American Fare Restaurant & Bar-PRICED REDUCED!!!

Washtenaw County, MI

Seller Financing Available
American Fare Restaurant & Bar-PRICED REDUCED!!!
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Asking Price: $399,900

Cash Flow: N/A

Gross Revenue: $923,558

EBITDA: N/A

FF&E: $250,000

Inventory: $25,000*

Established: 2008

*not included in asking price.

American Fare Restaurant & Bar-PRICED REDUCED!!!

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Business Description

Great opportunity to own a well-established restaurant & bar in a downtown Washtenaw County setting. This restaurant & bar offers casual, yet upscale chef inspired American fare and has a bar loaded with all types of specialty cocktails and craft beers. Restaurant is turnkey and shows exceptionally well. Restaurant is open only during dinner Monday-Saturday, and open on for brunch on Sundays. By extending business hours during the week and creating a marketing/advertising campaign, sales can increase significantly due to the heavy population in the surrounding area. Seller's are reasonable and willing to offer the buyer training for up to 60 days at no cost. This restaurant and bar is also located in a highly desirable college town. The right operator has limitless possibilities and potential. Be the next buyer, don't miss out!

Detailed Information

Location:
Washtenaw County, MI
Inventory:
Not included in asking price
Employees:
FT 7, PT 9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a Downtown area. 3200 Sqft, 2 levels Rent: $6,600 NNN Per month.
Growth & Expansion:
Located in a highly desirable college town.
Financing:
$135,000 Down, Amortized over 72 months, 7% Interest, $4,516.25 per month.
Support & Training:
Seller will train for 60 days at no cost.
Reason for Selling:
Seller has other interests
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(from currently available funds)
 
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Paul Habba

Business Listed By:
Paul Habba

Business Broker One

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