Banquet Hall & Bar For Sale
Location Michigan,United States
Asking Price Range $500K - $1.0M
Gross Revenues $500000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1948
Number of Employees 1 - 3
Inventory 50000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training As needed.
Description This is a 7,700 square foot banquet facility and bar for sale in Dearborn. It is a popular hall for local wedding receptions, graduation parties and meetings. It features a full kitchen and can seat 235. It also has an elevated stage with lighting and sound system. The building has its own parking lot for eighty cars with plenty of nearby overflow parking readily available. A Club Liquor License is currently in use at the location and can be transferred to a qualified buyer. The building is well-maintained and is in good condition. Owners are willing to sell on a Land Contract with $100,000 down.
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