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Family Style Restaurant & Bar in Lakefront Community

Looking for established bar & restaurant operation? This charming restaurant is located in a rapidly growing beautiful downtown area of Oakland County Michigan and has been proudly providing exceptional service in the community for over 30 years. It is well known by the locals for their yummy breakfast menu, unique lunch and dinner choices as well as cozy bar area with live entertainment and laid-back historic atmosphere with a hometown vibe. Hundreds of 5-star reviews on Google, Tripadvisor and Yelp continue to bring new patrons every day.
Sales have been consistently exceeding $1mil for the last 3 years. The owner invested over $20K in brand new equipment in the last year. Sale includes Class C liquor license with limited availability in the local area valued at $80K.
The owners had a great run and looking forward to retiring. This is an excellent opportunity for a new restaurateur to take over this turnkey successful establishment, which has been a pillar of the community for many years. This North Oakland County downtown area includes array of specialty retail stores, restaurants, parks, office buildings, and historic neighborhoods on the lakefront and is currently under heavy new development, including a residential condominium complex with retail spaces.
More information is available with signed Non-Disclosure. All buyers must show financial capability.


Asking Price : $299,000.00
Gross Revenue : $1,006,000
Total Adjusted Net Income : $80,000
Status : Normal
Equipment / Fixtures : $125000
Year Established : 1980
General Location : Oakland County, MI
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