Popular Lakefront Tavern / Restaurant

Undisclosed Address, Michigan
Business Opportunity for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30150088
Property Subtypes: Food and Beverage
Building Size (RSF): 4,000 SF
Gross Land Area: 0.48 Acres
Sale Price: $525,000
Gross Revenue: $1 (Annual)
Cash Flow: $1 (Annual)
Sale Terms: Cash, New Mortgage, OWC
Last Updated: 7/21/2018

Overview / Comments

Very Popular restaurant / Tavern with 125' of lake frontage. Just northwest of Grand Rapids. Recent renovations include new boat docks, ADA bathrooms, parking lot repairs, updated decor. Full bar with class C Resort license. Outside deck / patio. Total seating approx 160. Business currently grosses approx 1.1M per year with room for growth with expanded hours. Currently doing 80% food, 20% liquor. Good size kitchen with 2 walk-in coolers and 3 stand up freezers. Sale includes real-estate, liquor license and all FF&E. Owner is offering financing terms and will stay on for a period of time if needed.

Additional Details

Industry Segment: Bars and Taverns
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.