Upscale Italian Restaurant

Asking Price$1,499,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,700,000

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

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Upscale Italian Restaurant


Asking Price$1,499,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,700,000

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


Seller Financing Available
Business Description
This is a great opportunity to own a newer upscale Italian Restaurant in Oakland County. Established 11/2025, this restaurant is located on a highly traveled road, situated in one of the busiest business districts of Oakland County and close proximity to 2 major malls. This 3,500 sq. ft. restaurant seats 82 with plenty of residential and commercial properties in the surrounding areas. Approximate build-out cost of $1.65 million with every aspect of this establishment being custom made and tastefully decorated. Beautiful, lit up sit up bar! All equipment is in “like-new” condition and maintained regularly. Full menu consists of: Appetizers, Salads, Pasta, Pizza, Seafood, Steaks, Sides, Dessert and more. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding daily specials, live entertainment, corporate catering and hosting private parties, you have HUGE potential. No expense was spared in build out! Brand new hotel under construction next door and targeted to be completed end of 2026! This is a turn-key operation that will not disappoint only needing a new owner/operator to take it to the next level and beyond. Location alone is a homerun! Seller will train and entertain all reasonable offers! A must see/must have business that will not disappoint or last long. Call Armen Nazarian Business Brokers
*Proof of funds is required before disclosing business name & location.
About the Business
Employees
14 (8 Full-time, 6 Part-time)
Facilities & Assets
This 3,500 sq. ft. restaurant seats 82 with plenty of residential and commercial properties in the surrounding areas. Approximate build-out cost of $1.65 million with every aspect of this establishment being custom made and tastefully decorated. Beautiful, lit up sit up bar! All equipment is in “like-new” condition and maintained regularly. Full menu consists of: Appetizers, Salads, Pasta, Pizza, Seafood, Steaks, Sides, Dessert and more.
Website
https://www.armennazarian.com/
Opportunities for Growth
Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding daily specials, live entertainment, corporate catering and hosting private parties, you have HUGE potential. No expense was spared in build out! Brand new hotel under construction next door and targeted to be completed end of 2026!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,500
Rent
$6,000.00 per month
About the Sale
Seller Motivation
Owner operates multiple restaurants and downsizing
Transition Support
Seller will Train
Financing Options
$1,499,000 with $650,000 down. 8%., amortized over 240 mths, balloon due 60 mths
Listing Info
ID
2478876
Listing Views
14

Contact Seller

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Business Listed by: Armen Nazarian Armen Nazarian Business Brokers

Listing ID: 2478876 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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