Middle Eastern Restaurant

Asking Price$275,000

Cash Flow
$100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$600,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

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Middle Eastern Restaurant


Asking Price$275,000

Cash Flow
$100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$600,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
This is a great opportunity to own an established Middle Eastern Restaurant in Oakland County!
Established 1999, this free standing, dine-in restaurant with Class C liquor license is located at an
extremely busy intersection surrounded by plenty of residential and commercial properties. All
equipment is in excellent condition and regularly serviced and maintained. Full menu/great food!
Restaurant has seating for 120 plus a beautiful banquet room capable of seating 125 with separate
bar for all occasions. Current owner does no advertising…a new owner/operator with some creative
advertising/marketing along with adding & promoting catering/deliveries, daily specials, opening on
Sundays and extending the hours, you have HUGE potential. This restaurant shows beautifully and
to duplicate will cost more than 2.5 times the asking price! Buyer can purchase the business w/wo
the property. This is a turn-key operation only needing a new owner/operator and will not
disappoint. Owner will train new buyer! A must see/must have business that will not last long! Call AP Nazarian @734-292-0917 or visit www.apnazarian.com
About the Business
Years in Operation
26
Number of Employees
7
Facilities & Assets
All equipment is in excellent condition and regularly serviced and maintained. Restaurant has seating for 120 plus a beautiful banquet room capable of seating 125 with separate bar for all occasions. This restaurant shows beautifully and to duplicate will cost more than 2.5 times the asking price! Buyer can purchase the business w/wo the property.
Website
https://www.apnazarian.com
Opportunities for Growth
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding & promoting catering/deliveries, daily specials, opening on Sundays and extending the hours, you have HUGE potential.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,500
About the Sale
Seller Motivation
Other Business Interest
Transition Support
Seller will train.
Financing Options
$275,000 with $150,000 down 8% int., amortized over 60 months
Listing Info
ID
2097690
Listing Views
940

Contact Seller

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Business Listed by: AP Nazarian Armen Nazarian Business Brokers

Listing ID: 2097690 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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