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Restaurant & Pub with Property

Oakland County, MI

Seller Financing Available
Restaurant & Pub with Property
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Asking Price: $699,999

Cash Flow: N/A

Gross Revenue: $690,941

EBITDA: N/A

FF&E: $100,000

Inventory: $15,000*

Real Estate: $450,000

Established: 1975

*not included in asking price.

Restaurant & Pub with Property

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Business Description

Great opportunity to own a well established Restaurant & Pub in Oakland County, MI. This Restaurant & Pub sits on 1.5 Acres of land with a huge parking lot! Building size is 4180 sqft with plenty of space to accommodate banquet sized events. Restaurant & Pub also offers an outdoor patio with plenty of seating! Current owner does minimal to no advertising and marketing, and with a strategic marketing/advertising campaign a new owner has huge potential to increase sales. One of many things this Restaurant & Pub is known for is their Entertainment, Seafood, and award winning Pizza and Breadsticks. This Restaurant & Pub has a casual, cozy atmosphere and makes all the regulars feel as if they were at their own home! Seller is motivated to sell and will entertain all reasonable offers! This place is turnkey and ready for a new owner to take to the next level! Don't miss out!

Detailed Information

Location:
Oakland County, MI
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,180
Employees:
FT-10, PT-15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free Standing Building with huge parking lot and outdoor patio! Real Estate including 4180 sqft building for sale: Asking $450.000 Land Contract available: $225,000 Down, Amortized over 120 months, 7% Interest, $2,612.42 per month.
Competition:
minimal competition. Hug potential!
Financing:
$124,999 Down, Amortized over 60 months, 7% Interest, $2,970.16 per month for Biz.
Support & Training:
Seller is offering Training for a period of 30 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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