Bar & Grill For Sale - Neighborhood, Michigan, MI - Wayne County

PROFILE: Downriver Bar & Grill

AD/LISTING INFORMATION
Status: Available
State: Michigan
Location: Neighborhood
County: Wayne
City: None Given
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  128838
Seller Or Contact:  Roger Silvi
Primary Phone:  248-684-7465
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  6/21/08
Date Ad Last Revised:   6/21/08

FINANCIAL INFORMATION
Asking Price: $169,000
Down Payment: Call/Email
Annual Revenue: $158,351
Annual Adjusted Net: $52,422
   
Price Range: $100,001-$250,000
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: Yes
Bkr To Bkr Cooperation: Call

DESCRIPTION: 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.

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