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Profitable Central Michigan

Bar & Grill

Central Michigan

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This profitable family-owned and operated bar and restaurant is located near two major thoroughfares in central Michigan serving breakfast, lunch and dinner 7 days a week along with a variety of daily specials. The bar area is open late with live music and entertainment, and the venue also converts into a banquet hall for weddings and private parties.

The current owner took over the operation in 2016 and completely remodeled and modernized, investing over $160,000 for kitchen equipment, a new roof, new windows, and a draft beer system along with much more. Subsequent renovations include a new HVAC unit, an outdoor patio space with walk-up service window and an upgraded bathroom.

The owner has decided to sell the operation and pursue other interests, and thanks to the investment and tireless effort the new owner will benefit from having a clean, updated facility and enjoy the release of pent-up demand as the region opens up after Covid restrictions. The owner is willing to assist and train the new buyer to successfully transition the restaurant to its next phase.

Details:

Year Established: 2016

Average Revenue:   $1,150,000 (pre-Covid)

Average SDE:  $250,000  (pre-Covid)

Employees:   14 plus the owner (45 pre-Covid)

Investment Highlights:

  • Limited local competition
  • Multiple revenue streams
  • Loyal customer base
  • Pent-up demand

Support & Training:   Owner is willing to assist the new buyer

Reason for Selling:   Spouse’s career change

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