Tavern License and Ann Arbor Restaurant for Sale!

Ann Arbor, MI (Washtenaw County)

Seller Financing Available
Tavern License and Ann Arbor Restaurant for Sale!

Asking Price:$230,000

Cash Flow:$22,000

Gross Revenue:$414,980




Lease Rate/Sq. Ft.:$25


Tavern License and Ann Arbor Restaurant for Sale!

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Business Description

Restaurant is considered family dining on a very desirable and busy section on Ann Arbor’s Main Street. Location, Location, Location! On busy main street near 2 intersections of town. Owners are retiring and very motivated to sell. Street parking and a city parking structure is available within sight of this restaurant. There is excellent signage visibility.

If interested in this business you must complete and return a NDA (confidentiality and non-disclosure/non-circumvent agreement). Call 734-323-0376 or email michelle@bbfbrokers.com for more information.

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Approximately 2238 sq ft total. Lease runs $25 per square NNN. Good landlords per seller. Heavy foot traffic and vehicle traffic. The beauty in this opportunity is the ability to expand into adjoining vacant space, increasing seating capacity. Landlord is eager to negotiate a great deal on this vacant space with the new owner of this restaurant.
Competition certainly exists in the restaurant industry, with limited competition in this ethnic cuisine. Location and broad base of customer demographics support this business.
Growth & Expansion:
Room for expansion by soliciting more commercial accounts, venues, and marketing opportunities, especially social media! Catering would be a good opportunity as well as booking for special parties during closed hours. The adjoining space is vacant and landlord is VERY eager to give a great deal on a lease for a new owner of the restaurant to expand seating capacity.
Support & Training:
Owner is willing to assist buyer as agreed to and needed
Reason for Selling:
Retirement - 60 years plus

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Michelle Webster

Business Listed By:
Michelle Webster

Business Brokerage & Finance, LLC

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