The Green Door Lansing's Premier Live Music Venue

Lansing, MI
Outdoor

Seller Financing Available

Asking Price:$200,000
Established Year:1970
Real Estate:$599,000
BUSINESS DESCRIPTION

5300 SqFt | Restaurant/Bar | $200K Business or $799K (BLDG & Business)

FOR SALE: The Green Door Bar & Grill | 2005 E. Michigan Ave., Lansing, MI 48912

Includes 3 Commercial Storefronts on Michigan Ave: 2005, 2007, 2009

Includes active liquor license plus Sunday sales and outside patio license

Been in business since 1970's

Main Level Square Footage: 3988

Basement Square Footage: 1330 (includes banquet room plus bathrooms and storage). The venue is grandfathered in for the basement with full service.

Iconic music venue in the heart of Lansing – between the State Capitol and Spartan Stadium. Crossroads are Aurelius/Clemens and East Michigan Ave.

Management willing to stay for transition

Heavy pedestrian and vehicular traffic. Directly across from newly built The Venue apartments and storefronts.

Perfect location for a music venue, restaurant, bar, lounge, and retail space.

Original restrooms on the lower level and ADA Compliant restrooms on the main level

The Fire Marshall Capacity for the venue is 238, which includes the lower level with a capacity of 49 people.

A full kitchen includes a flat top, char-broiler, fryer, pizza oven, large standup refrigerator, prep refrigerator, and chest freezer.

The kitchen is fully licensed with a fire suppression system that is up to date.

The Venue comes with *PAID OFF* POS System and 4 terminals (HARBORTOUCH/
SHIFT4)

All furniture is included: barstools, tables, chairs and fixtures

Full sound system that includes subs, speakers, new Yamaha drive rack PA board, limiter and lighting


DETAILED INFORMATION
Location
Lansing, MI
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
5,300
Employees
12
Facilities
A full kitchen includes a flat top, char-broiler, fryer, pizza oven, large standup refrigerator, prep refrigerator, and chest freezer. All furniture is included: barstools, tables, chairs and fixtures Full sound system that includes subs, speakers, new Yamaha drive rack PA board, limiter and lighting
Growth & Expansion
Michigan Avenue resurfaced from Capitol to Frandor.
Financing
Owner financing available or conventional
Support & Training
Management will stay on during transition and possibly to run the business post sale

BUSINESS LOCATION
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Jonathan Woolston
Jonathan Woolston