Cedar Pub

Business Opportunity for Sale
Sale Pending
Catylist Listing ID: 29895038
Property Subtypes: Food and Beverage
Status: Pending
Building Size (RSF): 2,850 SF
Sale Price: $250,000
Name of Establishment: Cedar Pub
Year Business Established: 1970
Gross Revenue: $350,000 (Annual)
Cash Flow: $45,000 (Annual)
Sale Terms: Cash
Last Updated: 10/9/2017

Overview / Comments

2,800 SF of prime retail space along Main Street in Cedar Springs, MI. The Cedar Pub offers full amenities (Liquor, Beer, Lotto and Food) and has a seasonal outdoor patio area. Property also has an apartment unit upstairs that provides additional rental income. All FF&E, inventory and licenses come with purchase including Class "C" Liquor License; Approved Bar Service, Entertainment, Outside Service and Beer Take Out.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Industry Segment: Bars and Taverns
Reason for Selling: Retiring
Value of Inventory Included ($): $235,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $60,000
Mgmt/Training Support Description: Available

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,249 10,262 25,759
Median Age: 31.92 34.76 36.3
Households: 757 3,642 8,986


Photograph of Listing Agent

Joe Rizqallah

Signature Associates
© Copyright Commercial Alliance of REALTORS West Michigan. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.