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Motivated seller Family Restaurant PRICE REDUCED to 80k

Oakland County, MI

Seller Financing Available
Motivated seller Family Restaurant  PRICE REDUCED to 80k
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Asking Price: $80,000

Cash Flow: N/A

Gross Revenue: $140,000

EBITDA: N/A

FF&E: N/A

Inventory: $5,000*

Rent: $2,700 /Month

Established: 1980

*not included in asking price.

Motivated seller Family Restaurant PRICE REDUCED to 80k

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Business Description

Profitable main street business with growth potential!

This is a great opportunity to own a well-established family-owned restaurant. This restaurant has a full kitchen that is well-equipped with “like new” equipment. The restaurant has seating for 150 and is in a 2,800 sq building with a great lease. It’s known for its breakfast and does a great lunch as well. The food is excellent-with a high profit margin. The owner does no advertising or marketing. Owner will stay on and train new owner for two weeks or longer if needed. This is a great starter restaurant. It’s a turn-key business that will not last long. Seller will entertain all reasonable offers!

Detailed Information

Location:
Oakland County, MI
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
12/31/2019
Employees:
3
Support & Training:
Owner will stay on for two weeks to train so the new owner has a smooth transition .
Reason for Selling:
Other Interest
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Joseph Barbera

Business Listed By:
Joseph Barbera

Locations Commercial Real Estate Services

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