Restaurant Bar

Wayne County, MI
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Asking Price:$1,200,000
Inventory:$15,000
Gross Revenue:$1,200,000
Rent:$7,583
BUSINESS DESCRIPTION

This is a great opportunity to own a well-known, new Restaurant/Bar in Suburban Wayne County. Established in 3/2023, this “new build” Restaurant/Bar is located in a downtown district across the lake surrounded by plenty of residential and commercial properties in the surrounding areas. Approximate build-out of $1.45 million, every aspect of this establishment has been custom made and tastefully decorated. The décor had a cost of more than $150,000 alone throughout the dining and bar areas. Fully equipped kitchen is in “brand new” condition and all the equipment is serviced and maintained regularly. Full menu consists of: Appetizers, Salads, Steaks, Seafood, Chicken, Pizza, Burgers, Sandwiches, Sides, Dessert and so more. Great drink menu! Live entertainment Thur-Sat! Current owners do no advertising…A new owner/operator with some creative advertising/marketing along with adding Keno, extend the hours and menu, you have HUGE potential to the already solid figures. Partnership conflict forces sale! The possibilities are endless for an owner/operator with a vision. A must see/must have business that will not last long! Restaurant shows beautiful!! Owner will train! Call Armen Nazarian Business Brokers


DETAILED INFORMATION
Location
Wayne County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,300
Employees
16
Facilities
Approximate build-out of $1.45 million, every aspect of this establishment has been custom made and tastefully decorated. The décor had a cost of more than $150,000 alone throughout the dining and bar areas. Fully equipped kitchen is in “brand new” condition and all the equipment is serviced and maintained regularly. Full menu consists of: Appetizers, Salads, Steaks, Seafood, Chicken, Pizza, Burgers, Sandwiches, Sides, Dessert and so more. Great drink menu! Live entertainment Thur-Sat!
Growth & Expansion
Current owners do no advertising…A new owner/operator with some creative advertising/marketing along with adding Keno, extend the hours and menu, you have HUGE potential to the already solid figures.
Support & Training
Seller will Train
Reason for Selling
Partnership Conflict
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Armen
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Armen Nazarian