Wendy's Restaurant, Hazel Park MI

Hazel Park, MI (Oakland County)

Seller Financing Available
Wendy's Restaurant, Hazel Park MI

Asking Price:$1,750,000

Cash Flow:N/A

Gross Revenue:$1,400,000

EBITDA:N/A

FF&E:$40,000

Inventory:N/A

Real Estate:$300,000

Established:1985

Wendy's Restaurant, Hazel Park MI

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Business Description

Wendy's Restaurant in a high traffic area for sale. Sales revenue has doubled since seller owned the restaurant. Free standing property with many parking spaces. Cash or Commercial mortgage are preferred while Land Contract will receive high consideration. Ensure that all questions are directed to the listing agent. With proof of fund, Purchasers and agents shall sign confidentiality agreement before financial information are disclosed. Please do not disturb the restaurant staff with any question.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
2,949
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Furnitures and all restaurant equipment with fair value of $40,000 are included.
Growth & Expansion:
High Traffic Area - 9 Mile by I - 275, next to a gas station and other synergistic or complimentary business, Busy traffic
Support & Training:
All necessary support and training will be ensured, Staff are staying preferably. Wendy's Franchise standard will be followed through implicitly.
Reason for Selling:
Seller is retiring after more than 20 years of owning the Wendy's Restaurant.
Franchise:
This business is an established franchise

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YETUNDE OLOJO

Business Listed By:
YETUNDE OLOJO

PROVIDENCE REALTY

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