Bar Restaurant Opportunity on Michigan Ave.

Business Opportunity for Sale
Catylist Listing ID: 29579964
Property Subtypes: Food and Beverage
Building Size (RSF): 3,059 SF
Sale Price: $489,000
Name of Establishment: Regal Beagle
Year Business Established: 1964
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Cash Flow Type: Seller's Discretionary Earnings
Sale Terms: Cash
Last Updated: 10/30/2018

Overview / Comments

Long established bar and restaurant with game tables. Liquor license included. Busy location with opportunities for growth.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Industry Segment: Bars and Taverns
Reason for Selling: Owner ready to retire and move south.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,723 63,624 138,618
Median Age: 35.3 33.46 34.62
Households: 4,967 26,191 56,079

Contact

Photograph of Listing Agent

Doug F. Ziesemer

RE/MAX Commercial Brokers
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