Downriver Bar & Grill
Location: Michigan > Wayne County
Industry: Food and Beverage > Bars and Taverns
Financials
Asking Price: $169,000
Gross Revenue: $158,351
Cash Flow: $58,422
Inventory: $2,500 (Included in Asking Price)
FF&E: $14,500 (Included in Asking Price)
Real Estate: $120,000 (Included in Asking Price)
Business Summary
This business is a classic neighborhood bar & grill that has been a fixture in the Ecorse, Lincoln Park area for more than eighty years. The interior is attractive and requires no obvious changes or improvements. It has poker machines, a juke box, TV’s, a trivia game, a pool table and an area that can be used for entertainers, deejays, karaoke, etc. if the new owner desires. The bar is well-supported by a loyal following of local residents. There are two unrented apartments upstairs that can provide additional income to the owner with a few low-cost updates. The real estate, Class C liquor license and SDM carry-out license are included in the sale price. This is an excellent opportunity for an owner/operator that is looking for an established business from which to build something even better.
About the Business
Year Established: 2002
Employees: 0 full time - 3 part time
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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