File Number-#0713 | Location-Oakland County, MI. | Gross Sales-$1,166,629 | Cash Flow-TBD | Business Price-$5,500,000 | Down Payment-Cash/SBA/Bank Financing | License Required-Sales, Food, Class C | Inventory Value-$25,000 | Employees Full Time-10 | Employees Part Time-14 | Date Established-1972 | Hours of Operation-Sun 11am-9pm / Wed-Thur 11am-11pm / Fri-Sat 11am-1am | Real Estate Price-Included in Purchase Price | Reason for Sale-Health Issues
This is a great opportunity to own a well-known, two-story Restaurant/Bar in Oakland County. Established in 1972, this 6,400 sq. ft. Restaurant/Bar is in a downtown district surrounded by plenty of residential and commercial properties in the surrounding areas. Every aspect of this establishment has been custom made and tastefully decorated. Fully equipped kitchen is in great condition and all the equipment is serviced and maintained regularly. Full menu consists of: Appetizers, Salads, Steaks, Seafood, Chicken, Sandwiches, Sides, Dessert and more. There is also an upstairs area with a full bar, stage for live entertainment or private parties! There are 2-3 private memorials held every week due to the local funeral homes in the area. 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. The building is only 23 years old and engineered to hold more stories for residential monthly revenue. The possibilities are endless for an owner/operator with a vision. A must see/must have business that will not last long! Restaurant shows beautifully and is long established! Owner will train!