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Jay Fontaine
jay@travisrobertson.com$1,150,000
Est. payment /mo
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $287
MLS Listing ID 5050185740
Year Built 1977
Lot Size 0.700 Acres
Acres 0.7
Lot Dimensions 30492
Property Sub-Type Business Opportunity
Source East Central Association of REALTORS®
Property Description
Beautiful newly remodeled bar and restaurant with all top of the line equipment included for immediate sale. This popular restaurant was just lovingly remodeled by in 2021 with $500k invested in a top to bottom rehab of this long standing Midland, Mi landmark restaurant. The current owner is retiring earlier than planned and the place is truly a turn-key opportunity. This is a cash flowing business with an EXCELLENT return on investment. Profit & Loss Statements available to qualified buyers. This restaurant is fully staffed and currently in operation. Employees would remain (including management) for new owner or franchise purposes. Please do NOT approach employees with any questions regarding the sale of this business. All equipment is included with the purchase of this property including the POS system, security system, and related electronic accessories. This business includes a State Of Michigan Liquor License and the buyer must qualify to have such transferred to their name/entity.
Location
State MI
County Midland
Area Midland
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Midland
Others
Tax ID 113240070
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Full Service
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Listed by Scott Sims of Dane Seltzer Real Estate Group
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Jay Fontaine