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Iconic Bar, Restaurant and Entertainment Venue

Bar, Restaurant and Entertainment Venue in Rural North Central Michigan

On NextCompany since September 16, 2026 (28 days)

MI area
Financial summary
Asking price
$1,200,000
Gross revenue
$1,122,033
Cash flow (SDE)
$95,983
Inventory
$28,000

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Business overview

This bar, restaurant and entertainment venue serves rural North Central Michigan as a community gathering spot for over 50 years. Entertainment attracts regional visitors, while upstairs apartments and banquet facilities contribute additional income. Remodeling and equipment upgrades total over $1 million since 2022. The $1,200,000 asking price includes real estate, a Class C liquor license and inventory. The business reports gross revenue of $1,122,033, cash flow of $95,983 and inventory valued at $28,000. The seller would consider a short-term lease. Long-term staff express willingness to transition, and management will assist with training.

Who is a good fit for this business

  • Hospitality operators seeking a restaurant and entertainment venue with regional visitor appeal.
  • Buyers seeking real estate ownership alongside apartment and banquet income.
  • Owners seeking expansion opportunities through catering, corporate events or a golf simulator.

Details

Real estate
Owned, included in sale

Frequently Asked Questions

The venue combines dining and entertainment in rural North Central Michigan. Its food emphasizes generous portions, fresh ingredients and quality. Entertainment attracts visitors from the surrounding region.

The $1,200,000 asking price covers real estate, a Class C liquor license and inventory. The inventory carries a $28,000 value. The seller would also consider a short-term lease.

The business reports $1,122,033 in gross revenue and $95,983 in cash flow. Apartments above the venue and banquet facilities generate additional income.

Management will help with training during the transition. Long-term staff also express willingness to transition.

The business has invested over $1 million in remodeling and equipment upgrades since 2022. Growth options include catering, corporate events and additional apartments. Banquet expansion and a golf simulator offer further possibilities.

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