Motivated seller Family Restaurant PRICE REDUCED to 80k

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Profitable main street business with growth potential!
Asking Price:
$80,000

Gross Revenue:
$140,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

This is a great opportunity to own a well-established family-owned restaurant. This restaurant has a full kitchen that is well-equipped with “like new” equipment. The restaurant has seating for 150 and is in a 2,800 sq building with a great lease. It’s known for its breakfast and does a great lunch as well. The food is excellent-with a high profit margin. The owner does no advertising or marketing. Owner will stay on and train new owner for two weeks or longer if needed. This is a great starter restaurant. It’s a turn-key business that will not last long. Seller will entertain all reasonable offers!

About the Business

Location:
Oakland County, Michigan
Year Established:
1980
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
2,800
Rent:
$2,700.00 Per Month
Lease Expiration:
12/31/2019
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About the Sale

Reason For Selling:
Other Interest
Training/Support:
Owner will stay on for two weeks to train so the new owner has a smooth transition .

Listing Info

ID:
1498069
Ad Detail Views:
1533

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Business Listed by

Joseph Barbera

Locations Commercial Real Estate Services

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U.S. Census Data for Oakland County, MI
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Oakland County, MI
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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