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    Retail properties & Spaces

    0 Great Bar With Craft Beers & Home Made Brats, Ann Arbor, MI 48107

    2,800 SF Built 2011
    Property ID
    Property summary
    AI-generated overview

    This thriving 2,800-square-foot bar and restaurant, established in 2011, is located on a busy street near a college campus in Butler County. Boasting a unique gourmet burger and bratwurst concept, it generated $758,088 in gross revenue in 2023, with potential for significant growth under experienced ownership. The sale includes a fully equipped kitchen, two walk-in coolers, an office, and an enclosed patio. An additional 800-square-foot basement provides ample storage and workspace. Currently employing twelve full- and part-time staff, the business benefits from a strong location and loyal customer base. The asking price is $199,999 (inventory and real estate are not included). Fixtures, furniture, and equipment are valued at $175,000, and inventory is valued at $50,000. Monthly rent is $3,500. Seller financing is available, and the current owner will assist with the transition. This presents a fantastic opportunity for an owner-operator to capitalize on an already successful business with significant upside potential. The business's unique menu and prime location offer a strong foundation for continued success and expansion.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2011
    Total area 2,800 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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