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Sports Bar W/Real Estate-Price Reduced!!

Troy, MI (Oakland County)

Seller Financing Available
Sports Bar W/Real Estate-Price Reduced!!
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Asking Price: $899,999

Cash Flow: $124,714

Gross Revenue: $657,308

EBITDA: N/A

FF&E: $150,000

Inventory: $15,000*

Real Estate: $650,000

Established: 2006

*not included in asking price.

Sports Bar W/Real Estate-Price Reduced!!

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Business Description

Sports Bar W/Real Estate-SBA Eligible with 10% Down!
This is a RARE opportunity to purchase a Sports Bar & Grill with Real Estate for under a million in Oakland County. The business sits on 1.7 Acres of land with plenty of room to build on. This Sports Bar seats 179 people both inside and on the patio. Sports Bar is generating approximately $657,308 per year with a Cashflow of $124,714(Cashflow includes profit, add-backs, lotto commission, owner’s salary, etc.). Currently, sales have been climbing every year and business is up Year to Date. A new owner can increase sales by adding specials and creating a marketing/advertising campaign. This business is located in a heavily populated area with a mixture of Retail, Industrial, Manufacturing, and lots of residential. Huge potential to increase the lunch business by offering catering and delivery to local businesses. Location is centrally located within a couple of miles to neighboring cities. Seller is motivated to sell and will entertain all serious offers. Business is turnkey and ready for a new operator.
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Detailed Information

Location:
Troy, MI
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,046
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free-Standing building on 1.7 Acres. 4046 Sqft. Building with ample parking.
Support & Training:
Seller offering training!
Reason for Selling:
Seller has other business
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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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