Italian Restaurant & Bar

Macomb County, MI

Italian Restaurant & Bar
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Asking Price: Get Financing: $189,000

Cash Flow: N/A

Gross Revenue: $360,000

EBITDA: N/A

FF&E: N/A

Inventory: $12,000*

Real Estate: N/A

Established: N/A

*not included in asking price.

Italian Restaurant & Bar

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Business Description

This is a great opportunity to own a well-established Italian Restaurant & Bar in Macomb County! Long established and well-known, this free-standing Restaurant & Bar is located on a hard corner, highly traveled road with endless growth possibilities. All equipment is in excellent condition and regularly maintained. HVAC unit was replaced 6 months ago! Separate bar area shows beautiful! A large brick/stone fireplace is placed in the center of the dining room for beautiful fireside dining. New LED pole sign was installed recently which can be seen from all corners of the intersection. Friday and Saturday’s are Karaoke nights! Owner does no advertising… a new owner/operator with some creative advertising/marketing along with adding catering, deliveries, live music/bands, drink specials/happy hour and private parties, you have HUGE potential. Keno Commission for 2017 was $22,000! There is also a second parking lot for additional parking. Seller moving back to Italy is forcing sale. A must see/must have business! Turn-key operation only needing a new owner/operator. Seller’s will entertain all reasonable offers! Call Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
5,500
Employees:
4
Facilities:
This is a great opportunity to own a well-established Italian Restaurant & Bar in Macomb County! Long established and well-known, this free-standing Restaurant & Bar is located on a hard corner, highly traveled road with endless growth possibilities.
Support & Training:
Seller will train
Reason for Selling:
Moving Back To Italy
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Armen Nazarian

Business Listed By:
Armen Nazarian

Armen Nazarian Business Brokers/Locations Comm Real Estate Sevices

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