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Established Tavern Restaurant and Bar just South of Grand Rapids, MI!

MI

Established Tavern Restaurant and Bar just South of Grand Rapids, MI!
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $481,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $475,000*

Established: N/A

*not included in asking price.

Established Tavern Restaurant and Bar just South of Grand Rapids, MI!

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Business Description

Profitable Restaurant & Tavern located just south of Grand Rapids!

Business Description

This well-established profitabl Tavern Style Restaurant & Bar is located in a beautiful country setting located just south of Grand Rapids, MI. just off US 131, and near a well-known resort area. The family that owns this restaurant & tavern has taken pride in their high-quality food and service. They purchase their steaks from local sources and has operated this business for more than 20 years. They are known for their quality steaks, fish, burgers, great atmosphere, and excellent service!

Detailed Information

Asking Price: Accepting Offers!

Gross Revenue: Above $481,000.00

Established: Operating for over 20 plus years.

Inventory: The Inventory varies based on season, currently estimated to be around $20,000.00.

Real Estate: The real estate is owned by the present owners and available for lease.

Building SF and Year Built: 4,800.00 square feet of space for the bar/tavern/restaurant. New parking lot. Large state area for bands, and other entertainment activities. The value of the real estate is in excess of $475,000.00.

Employees: 15+/- employees.

Facilities: Exceptional condition at all facilities and updated to meet all requirements.

Competition: Restaurants are located in the surrounding villages and cities nearby; however, given their location, there is limited competition.

Growth & Expansion: Open more hours, Open on Monday, better signage, more aggressive advertising, sponsorship of local community events, and a hands-on owner/manager that will increase sales and reduce operational expenses. Add additional food items such as Pizza, and Mexican food items.

Support & Training: Owners want to ensure success for the new owner and are willing to support and train the original owners.

Reason for Selling: The owners are selling the business to retire.

This restaurant opportunity is a wonderful turn-key opportunity! This business is profitable in a terrific location in the Greater Grand Rapids Area! Please call Doug at 616.822.9900! or Rob at 616.855.7677!

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
N/A
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(from currently available funds)
 
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Rob Anderson

Business Listed By:
Rob Anderson

Equity LTD

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