1530 Sheridan, Escanaba, MI 49829
sale
$270,000
|
Business
Courtesy Of Premier Real Estate Inc
118 N 22nd Street, Escanaba, MI 49829
An exceptional opportunity to own a well-established and ever-popular north side bar, thoughtfully maintained and ready for its next chapter. Situated on a spacious 0.28-acre lot with ample paved on-site and off-street parking, this business offers strong fundamentals, a loyal following, and room to grow. Inside, the bar is clean, welcoming, and well laid out with 14 bar stools, five six-top tables, and two four-top tables currently. The bar can support a total seating capacity of up to 112. The interior footprint is ideal for hosting live bands, entertainment, and special events, complemented by updated lighting and newer flooring throughout. The bar features five taps with newer lines, a retro 50's Bevador circular cooler, main-floor bottle storage, sanitization sinks, bottle coolers, and dedicated dry storage areas. Recent mechanical updates include a newer furnace, central air, and water heater, offering peace of mind to the next owner. A newer 34 x 34 fenced outdoor patio expands the experience and opens the door for cornhole, outdoor entertainment, and private gatherings. This space adds seasonal appeal and additional revenue potential. The included equipment allows for you to expanded food service beyond what they offer now, with an auto fryer, popcorn machine, and pizza oven. There is potential to expand to add a full kitchen. Entertainment amenities include four large-screen TVs for sporting events, two additional TVs for Keno, sound system, two pool tables owned by the bar, and a Michigan Lottery Keno license. TouchTunes jukebox, dart machine, and select games are operated under profit-sharing agreements. The business operates under a Class C Liquor License with outdoor service, adding to its appeal and value. Current hours of operation: Tuesday through Thursday: 3:00PM to Close; Friday & Saturday: Noon to Close; Sunday: Noon to 8:00 PM; Closed Mondays. All bar equipment, fixtures, and decor are included in the sale. Intellectual property, including the business name, logo, social media accounts, and merchandise, will also transfer with the purchase. Alcohol inventory will be inventoried at the time of sale and conveyed separately from the purchase price. Transfer of the liquor license and Michigan Lottery Keno license is subject to state approval, is not guaranteed, and may require additional state fees, which shall be the responsibility of the purchaser. Whether you are looking to step into bar ownership, expand an existing portfolio, or put your own stamp on a proven local favorite, this opportunity offers a solid foundation, strong community presence, and room for growth.
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Amenities: Ceiling Fan
- Amenities: Disabled Access
- Amenities: Deck
- Amenities: Patio
- Amenities: Security System
- Architecture Style: Other
- Cooling System: Ceiling Fan(s)
- Cooling System: Central Air
- Exterior Type: Vinyl Siding
- Exterior Type: Block
- Exterior Type: Concrete
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Concrete
- Heating System: Forced Air
- MLSID: 50199738
- Roof Type: Shingle
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