Flanagan's Bar: A Premier Investment in Downtown Grand Rapids
Asking Price: | $750,000 |
Gross Revenue: | $1,400,000 |
EBITDA: | $106,875 |
Established Year: | 1991 |
Cash Flow: | $285,000 |
Inventory: | $48,340 |
FF&E: | $448,000 |
Popular Flanagan's Bar in Grand Rapids, MI. For Sale!
Discover an unparalleled opportunity to own a piece of Grand Rapids history with Flanagan's Bar, a cornerstone of the city's vibrant downtown scene for over three decades. This thriving establishment offers a unique blend of authentic heritage, culinary excellence, and warm hospitality that has captivated locals and visitors since 1981.
Investment Highlights
• Prime Location: Situated in the heart of downtown Grand Rapids, near key attractions such as DeVos Place, Van Andel Arena, and Rosa Parks Circle
• Proven Track Record: Over 30 years of successful operation with gross sales revenue of $1,400,000.00
• Extensive Renovations: Recent upgrades totaling over $400,000, enhancing both aesthetics and functionality
• Loyal Customer Base: Affluent clientele and strong community presence
• Experienced Staff: Dedicated team willing to continue under new ownership
• Growth Potential: Numerous opportunities for expansion and increased profitability
Operational Excellence
Flanagan's Bar boasts modern amenities, including fully updated equipment and decor that balance contemporary charm with timeless appeal. The establishment employs a multi-channel advertising approach, encompassing digital, print, and broadcast media. With strategically set food and beverage prices, Flanagan's remains market competitive.
Prime Visibility and Growth Opportunities
Over 6,000 vehicles pass by Flanagan's daily, ensuring consistent exposure. Potential growth avenues include:
• Expanding into corporate event hosting and convention services
• Enhancing marketing efforts to capture a wider audience
• Broadening menu offerings to attract diverse tastes
• Extending operating hours to include lunch service
Transition Support
The current owners are committed to ensuring a smooth transition, offering comprehensive training and support for an entire season post-sale. This dedication provides an invaluable advantage for the new proprietor.
Investment Rationale
This offering represents a unique opportunity to acquire a turnkey operation with a strong financial foundation and significant growth potential. The combination of prime location, loyal customer base, and proven business model positions Flanagan's Bar for continued success under new ownership. Don’t miss this chance to own a piece of Grand Rapids history and shape its future. Explore this exceptional investment opportunity today and take the first step towards realizing your entrepreneurial dreams in the heart of West Michigan's most dynamic city.
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