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Listed by:

Armen Nazarian Business Brokers

Restaurant Bar For Sale

Wayne County, Michigan, US
Asking Price:
$1,200,000
Sales Revenue:
$1,200,000
Cash Flow:
Not applicable

This is a great opportunity to own a well-known, new Restaurant/Bar in Suburban Wayne County. Established in 3/2023, this “new build” Restaurant/Bar is located in a downtown district across the lake surrounded by plenty of residential and commercial properties in the surrounding areas. Approximate build-out of $1.45 million, every aspect of this establishment has been custom made and tastefully decorated. The décor had a cost of more than $150,000 alone throughout the dining and bar areas. Fully equipped kitchen is in “brand new” condition and all the equipment is serviced and maintained regularly. Full menu consists of: Appetizers, Salads, Steaks, Seafood, Chicken, Pizza, Burgers, Sandwiches, Sides, Dessert and so more. Great drink menu! Live entertainment Thur-Sat! 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. Partnership conflict forces sale! The possibilities are endless for an owner/operator with a vision. A must see/must have business that will not last long! Restaurant shows beautiful!! Owner will train! Call Armen Nazarian Business Brokers

Property Information

Real Estate:

Lease

Premises Details:

Approximate build-out of $1.45 million, every aspect of this establishment has been custom made and tastefully decorated. The décor had a cost of more than $150,000 alone throughout the dining and bar areas. Fully equipped kitchen is in “brand new” condition and all the equipment is serviced and maintained regularly. Full menu consists of: Appetizers, Salads, Steaks, Seafood, Chicken, Pizza, Burgers, Sandwiches, Sides, Dessert and so more. Great drink menu! Live entertainment Thur-Sat!

Size in square feet:
3,300

Business Operation

Expansion Potential:

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.

Reasons for selling:

Partnership Conflict

Employees:
6 FT / 10 PT

Other Information

Support & training:

Seller will Train

Inventory / Stock value:
$15,000