Profitable Restaurant/Bar for Sale - Business Only
Utica, MI
| Asking Price: | $385,000 |
| Gross Revenue: | $1,550,000 |
| Rent: | $11,500/Month |
| Established Year: | 2023 |
| Cash Flow: | $350,000 |
| Inventory: | $15,000 |
| FF&E: | $125,000 |
Listing ID: 2317619Listing provided by BizBuySell
BUSINESS DESCRIPTION
American Restaurant & Bar with a 115 seat dining room and 100 seat banquet room. Banquet room is currently being used to host charity poker events.
Restaurant Hours Monday - Closed, Tuesday 3pm-10pm, Wed & TH 11am-10pm, FR & SAT 11am-11pm, Sunday 3pm-9pm
Fully staffed
DETAILED INFORMATION
Location
Utica, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
7,200
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
assets included with business are all dining room furniture, fixtures, lighting, wine coolers, POS systems, Phone Systems, 13 Tvs, security system, music system all bar equipment and smallwares, all silverware and dinnerware
Financing
300k down with the remaining to be paid over 24 months @ 7% interest
Support & Training
5 days support/training
Reason for Selling
Currently own several businesses and want to scale back
BUSINESS LOCATION
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