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Restaurants & Bars · Michigan

Iconic Bar and Restaurant in Northern Michigan

Main StreetReal estate included

$1,200,000

Asking price
$1.2M

238% above median ($355K)

Cash flow (SDE)
$96K

46% below median ($179K)

Revenue
$1.12M

14% below median ($1.3M)

Multiple
13×

355% above median (2.8×)

Margin
9%

9 pts below median (17%)

About this business

This well-established restaurant and bar has served as a local gathering hub for over 50 years, renowned for its hearty meals and vibrant atmosphere. Recent renovations have modernized the venue, enhancing its appeal for family dining and special events, along with additional revenue streams from apartments and banquet services.

  • Long-standing community reputation
  • Class C Liquor License included
  • Recent investment of over $1M in upgrades
  • Loyal staff transitioning with the business
  • Potential for expanded revenue through catering and events

Business details

Category
Restaurants & Bars
Business type
Main Street
Location
Michigan
Real estate included
Yes
Inventory
$28,000
Listing ID
SH12026

Listing history

  1. Listed · Nov 3, 2026

    Asking $1,200,000

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