BrickYard Tavern

Business Opportunity for Sale
Catylist Listing ID: 30778714
Property Subtypes: Food and Beverage
Building Size (RSF): 6,600 SF
Sale Price: $335,000
Name of Establishment: BrickYard Tavern
Business Website Address: https://www.brickyardtaverngr.com/
Year Business Established: 2017
Gross Revenue: $500,000 (Annual)
Cash Flow: $1 (Annual)
Sale Terms: Cash/Conventional
Last Updated: 5/16/2022

Overview / Comments

First time on the market. Fully equipped turn-key restaurant is available for purchase. All FF&E, inventory and liquor license included. New Buyer assumes lease. Restaurant located North of downtown and off the Grand River. Site has built in customer base with businesses and apartments within the same building.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Industry Segment: Restaurants
Reason for Selling: Family obligations
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Employee/Labor Description: 15 employees
Mgmt/Training Support Description: Available
Competition/Market Description: Restaurant is within a huge apartment and commercial complex with automatic foot-traffic. Site is along the Grand River and future plans for both City and Spectrum Health.
Growth/Expansion Opportunities: You can extend hours, menu, delivery services, have a rewards program to name a few methods to increase revenue.
Seller Financing Description: N/A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,085 133,855 265,853
Median Age: 27.6 32.35 33.4
Households: 8,913 52,204 102,166

Contact

Photograph of Listing Agent

Joe Rizqallah

Signature Associates
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.