Pizzeria Restaurant And Bar In Monroe County

Monroe County, Michigan, US, ID 289504

Pizzeria Restaurant And Bar In Monroe County 1
Pizzeria Restaurant And Bar In Monroe County 1
Asking price:
On request
Owner
Private Person

Сontact with me Private Person

Description

Established pizzeria, restaurant and bar for sale with approximately five acres of real estate in Monroe County, Michigan.

The business opened in 2006 and operates from a building of approximately 4,488 sq. ft. along a heavily traveled road.

Restaurant details

  • Seating for approximately 100 guests
  • Full-service bar
  • Weekend live entertainment
  • Pizza, chicken, steak, seafood, burgers, sandwiches and salads
  • Commercial kitchen and restaurant equipment

The seller states that the equipment has been regularly serviced and is currently in good condition.

The listing also states that this is the only restaurant serving the immediate area. Buyers should independently verify the current competitive environment.

Real estate

  • Approximately 5 acres included in the sale
  • Restaurant building of approximately 4,488 sq. ft.
  • House located on the property
  • Additional land available for other uses

The additional acreage may allow development of entertainment uses such as mini golf, batting cages, go-karts or an arcade, subject to zoning, permitting, access, parking and other local requirements.

The current owner does little advertising and does not currently operate the former lunch schedule. According to the seller, lunch between 11:00 AM and 3:00 PM represented roughly 25% of sales before the pandemic.

A new owner could review reopening lunch, adding delivery and catering, developing corporate and private-event business, extending selected bar hours and increasing local and social media marketing.

Buyers should verify historical financials, pre-pandemic and current sales by daypart, property boundaries, condition of the house and restaurant building, equipment ownership, liquor license transfer requirements, entertainment permissions, zoning and allowable uses for the remaining acreage during due diligence.

Details

Real Estate: Lease
Employees (ppl): 23
Reason for selling: Retirement
Support from seller: Consultancy available
Square m2: 416

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