Spencer's Sports Bar & Restaurant

Business Opportunity for Sale
Catylist Listing ID: 29768985
Property Subtypes: Food and Beverage
Building Size (RSF): 5,160 SF
Sale Price: $885,700
Name of Establishment: Spencers
Franchise Parent Name: None
Year Business Established: 2001
Gross Revenue: $1,000,000 (Annual)
Cash Flow: $0 (Annual)
Home Based: Yes
Sale Terms: Cash sale to seller..
Last Updated: 5/9/2018

Overview / Comments

This is a very successful family owned sports bar and restaurant located in Saginaw Township, Saginaw, MI.
Building and equipment is all in very good condition all up to date.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Industry Segment: Restaurants
Reason for Selling: owner to retire.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $550,000
Real Estate Lease Description: .
Employee/Labor Description: Managers in place to operate business as usual.
Mgmt/Training Support Description: Owner will stay and train new buyer if necessary.
Competition/Market Description: None
Growth/Expansion Opportunities: Yes
Seller Financing Description: Possibly

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,552 58,754 99,832
Median Age: 43.17 39.93 39.18
Households: 4,017 24,892 41,264
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