Family Restaurant

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Business Description

This is a great opportunity to own a beautiful, high volume, Family Style Restaurant in Clinton Twp. Established in 2001, this 3,750 sq. ft. restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent condition and serviced/maintained regularly. Full menu consists of breakfast, lunch and dinner. This business is being run absentee! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding catering/deliveries, live entertainment, beer/wine license along with hosting parties and events, you have HUGE potential to the already high gross sales. Seller will train and entertain all reasonable offers!! A must see/must have business that will not last long! Call Armen Nazarian.

About the Business

Location:
Clinton Township, Michigan
Year Established:
2001
Number of Employees:
30 PT
Real Estate:
Leased
Building Sq. Ft.:
3,750
Rent:
$4,000.00 Per Month
Facilities:
This is a great opportunity to own a beautiful, high volume, Family Style Restaurant in Clinton Twp. Established in 2001, this 3,750 sq. ft. restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas.
Website:
www.armennazarian.com
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About the Sale

Reason For Selling:
Owns Other Restaurants / Downsizing
Training/Support:
Seller will train
Seller Financing:
$350,000 with $50,000 down, 7% int., amortized over 180 months

Listing Info

ID:
1645357
Ad Detail Views:
291
Asking Price:
$350,000

Gross Revenue:
$936,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$8,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Listed by

Armen Nazarian

Armen Nazarian Business Brokers/Locations Comm Real Estate Sevices

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