Bar & Grill/Pending! For Sale in Detroit, Michigan

File Number: C1647

PENDING
  • Gross Sales: $403,311
  • Cash Flow: TBD
  • Inventory: $4,000 +/-
  • Business Price: $90,000 + inventory
  • Down Payment: $20,000 + inventory
  • Years Established: Many years
  • Days Open: 7 days
  • Building Price: $90,000
  • Lease Terms: NA
bar & grill, business for sale, business\\\\\\\'s for sale

Summary:

Very Confidential! Owner is absentee. Do not discuss with anyone at the location. The price is firm.

This is a great opportunity to purchase a well established and well performing bar and grill located in the City of Detroit. It has been owned by the seller since 1994 and has afforded the seller the opportunity to purchase several other locations. It is staffed by bikini wait staff and barmaids during the day which draws customers for lunch from the area factories and offices. At night, it operates as a bar and grill.

There is a kitchen with a grill, fryer, slicer and other equipment needed to serve food. There are also several TV's for watching sporting and other events. There is a pool table and internet juke box which are owned by the seller and included in then sale and poker games which are owned by a vendor who shares the revenue 50/50 with the bar. The vending revenue to the bar averages approximately $2000 per month. The bar also has Keno which generated $5542 in commissions for 2011.