W2961 M-69, Perronville, MI 49873
Prime location in Perronville, Michigan, this well-established bar and restaurant, known as the LaBranche Tavern, presents a unique turnkey opportunity for an ambitious entrepreneur. The spacious 3,300 square foot building boasts a stage for live bands, separate men's and women's restrooms, a fully equipped kitchen, walk-in cooler, and ample seating for approximately 90 patrons (15 square tables, 68 dining chairs, 2 high-top tables, and a 25-seat bar). The kitchen features a 36" Char-broiler, two dual-pot deep fryers, an 1800 broaster, a flat-top stove, two two-rack stone pizza ovens, two microwaves, stainless steel prep tables, a meat slicer, a refrigerator, and multiple freezers. Heating is provided by a pellet stove, supplemented by an 8x12 shed with reinforced flooring for pellet storage. A new exhaust system was installed in November 2023. The property also includes a large fenced outdoor area perfect for events like pig roasts and live music, conveniently located across from the Felch Grade trail, attracting ORV riders and snowmobilers. The sale includes a comprehensive suite of licenses: C liquor license, dance and entertainment permit, outdoor service permit, Sunday sales permit (9 am-12 pm), specific purpose food permit, packaged wine and beer sales permit, lottery license, and a fuel license, along with a 500-gallon above-ground fuel tank. This is a rare opportunity to acquire a thriving business with no nearby competition. Asking price is $473,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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