Hometown Saloon For Sale in West Michigan

Hesperia, MI (Oceana County)

Seller Financing Available
Hometown Saloon
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Asking Price: $295,000

Cash Flow: $120,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $5,000

Inventory: $10,000

Real Estate: $200,000

Established: 1970

Hometown Saloon For Sale in West Michigan

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Business Description

Great opportunity to own this well-established hometown restaurant/bar with consistent historical cashflow. Real Estate is included and provides options for development and/or business expansion as offering includes three, contiguous lakefront parcels totaling 2.84 acres. 4500 SF restaurant is well-maintained and supports an additional 30+ customers on the outdoor lakefront patio. Brand new well pump and drain field in 2019, abundant parking, and an additional 1,000 SF outbuilding is located on adjacent lot. Retiring owner is available for 30-day consult, as needed, and is willing to carry a meaningful seller note for a qualified buyer.

Detailed Information

Location:
Hesperia, MI
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
5,500
Employees:
3+ full-time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2.84 Acres of lakefront property includes a well-maintained 4500 SF Restaurant-Bar and 1,000 SF outbuilding. Outdoor patio seating and abundant parking.
Competition:
Well-established long history of consistent volume.
Growth & Expansion:
Property provides for building expansion or other waterfront development as listing includes three contiguous lakefront parcels.
Financing:
Seller will hold meaningful note for qualified buyer.
Support & Training:
Support and training available as needed for up to three months.
Reason for Selling:
Retirement
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John Groothuis

Business Listed By:
John Groothuis

Capstone Business Brokerage

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