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Listed by:

Armen Nazarian Business Brokers

Breakfast/lunch Restaurant In Oakland County For Sale

Oakland County, Michigan, US
Asking Price:
$275,000
Sales Revenue:
$400,000
Cash Flow:
$90,000

This is a great opportunity to own a beautiful breakfast Restaurant in Oakland County.

Established in 2015, this 120-seat restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent condition and maintained regularly.

The restaurant serves breakfast and lunch and closes at 2pm! Great menu! The current owner does no advertise... a new owner/operator with some creative advertising and marketing, along with extending the hours, opening on Wednesdays, adding catering and deliveries, corporate accounts and a website, you have HUGE potential.

Great location with plenty of growth opportunities! Perfect for a husband-wife team or a starter restaurant. A must-see/must-have business that will not disappoint!

Nice Cashflow! Seller will entertain all reasonable offers!! Call Armen Nazarian Business Brokers

Property Information

Real Estate:

Lease

Premises Details:

All equipment is in excellent condition and maintained regularly. Restaurant serves breakfast and lunch and closes at 2pm! Great menu!

Size in square feet:
3,200

Business Operation

Expansion Potential:

Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with extending the hours, opening on Wednesdays, adding catering/deliveries, corporate accounts and a website, you have HUGE potential. Great location with plenty of growth opportunities!

Reasons for selling:

Opening Another Restaurant

Employees:
2 FT / 6 PT
Years established:
9

Other Information

Support & training:

seller will train

Financing available:

$275,000 with $99,000 down. 8% int., amortized over 120 months. Balloon due in 60 months

Inventory / Stock value:
$6,000