Established Bar and Restaurant with Entertainment

This well-known bar and restaurant has served as a beloved community hub for over 50 years, renowned for its generous servings and fresh ingredients. After a recent renovation, it now offers a warm and inviting space for patrons to enjoy meals, drinks, and special events. Situated in a rural area of North Central Michigan, this venue not only provides great food and beverages but also features entertainment that attracts visitors from afar. Additional revenue streams include second-story apartments and banquet facilities, presenting significant growth potential for new ownership. Key highlights include: • Over $1,100,000 in annual revenue over the last three years • Class C Liquor License • More than $1,000,000 invested in renovations and equipment since 2022 • A dedicated staff ready to support a smooth transition. Opportunities for revenue enhancement include corporate event promotions, catering expansion, and the addition of more apartments and banquet space, as well as a golf simulator. This exceptional opportunity is priced at $1,200,000, reflecting a favorable 2.5 multiple of SDE (seller’s discretionary income). The sale includes real estate, the liquor license, and inventory, with the option for a short-term lease for a qualified buyer. If you're looking for a thriving business in North Central Michigan with a proven track record, this is an excellent chance.