Oakland County, MI
$1,200,000

Oakland County, MI
$1,200,000

REAL ESTATE INCLUDED
West Bloomfield, MI
$1,800,000
REAL ESTATE INCLUDED
Lapeer County, MI
$798,000

Kent County, MI
$85,000
Rockford, MI
$67,431
Tuscola County, MI
$50,000
Eaton County, MI
$100,000
Wayne County, MI
$69,000
Genesee County, MI
Not Disclosed
Washtenaw County, MI
Not Disclosed
Ingham County, MI
Not Disclosed
Livingston County, MI
$74,999
Kent City, MI
Not Disclosed
$750,000
Oakland County, MI
Monroe County, MI
$74,999
Detroit, MI
$65,000
Aaron Kricher
Michigan Business Advisors, LLC
Serving Grand Traverse County, MI
Michigan Business Advisors is a full-service business consulting and accounting firm with a proven track record of success guiding businesses through complex transactions, including mergers, acquisitions, and divestitures. Our team of seasoned professionals leverages deep industry expertise and a comprehensive range of services to deliver tailored solutions that drive value and optimize outcomes.
Troy, MI
$130,000
Bay County, MI
$65,000
Macomb, MI
$45,000
Lenawee County, MI
$70,000
Saginaw County, MI
$55,000
Ann Arbor, MI
$85,000
Grand Traverse County, MI
$125,000
Genesee County, MI
$45,000
$50,000
Crystal Falls, MI
Sterling Heights, MI
$50,000
Flint, MI
$599,000
Detroit, MI
$225,000
Waterford, MI
$450,000
Detroit, MI
Not Disclosed
Royal Oak, MI
Not Disclosed
Ferndale, MI
$1,114,999
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 13 |
| Median Asking Price | $750,000 |
| Median Reported Revenue | $1,250,000 |
| Median Reported Seller's Discretionary Earnings | $225,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $495,000 | $750,000 | $1,200,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Bars, Pubs and Taverns for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $965,200 | $117,283 |
| Median | $1,250,000 | $225,000 |
| Upper Quartile | $1,700,000 | $271,604 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Bars, Pubs and Taverns listed for sale in Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.41 | 2.98 |
| Median | 0.64 | 3.77 |
| Upper Quartile | 0.88 | 6.00 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Bar, Pub and Tavern in Michigan?
The median asking price for an established Bar, Pub and Tavern in Michigan is $750,000, though prices range from under $495,000 to well over $1,200,000.
How much do Bars, Pubs and Taverns owners in Michigan earn?
The median reported revenue of Bars, Pubs and Taverns in Michigan is $1,250,000 and owners earn a median of $225,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Bar, Pub and Tavern?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Bars, Pubs and Taverns in Michigan, revenue multiples range from 0.41 to 0.88, with a median of 0.64. Earning multiples range from 2.98 to 6.00, with the median at 3.77. This means the typical Bar, Pub and Tavern in Michigan may ask for around 0.64 times its annual revenue, and 3.77 times its annual owner earnings.
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