This is a great opportunity to own a well-established Brunch Restaurant in an affluent Downtown area of Oakland County, MI. Established in 2017, this 4,500 sq. ft. plaza restaurant is in a very busy Downtown area, surrounded by heavy foot traffic, thriving retail, and a dense residential and commercial community. The restaurant features a Class C liquor license, outdoor patio, and a great brunch menu that includes Eggs Benedict, Omelets, Chicken and Waffles, Soups, Salads, Sandwiches, and much more. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding dinner hours, private event bookings, an active social media presence, Happy Hour, joining the Chamber of Commerce, and promoting alcohol sales you have HUGE potential to the already solid gross sales. A must see/must have business that will not last long! Turn-key operation! Seller will train! Call Armen Nazarian Business Brokers
- Asking Price:
- $299,000
- Sales Revenue:
- $585,673
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Established in 2017, this 4,500 sq. ft. plaza restaurant is in a very busy Downtown area, surrounded by heavy foot traffic, thriving retail, and a dense residential and commercial community. The restaurant features a Class C liquor license, outdoor patio, and a great brunch menu that includes Eggs Benedict, Omelets, Chicken and Waffles, Soups, Salads, Sandwiches, and much more.
- Size in square feet:
- 4,500
Business Operation
- Expansion Potential:
-
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding dinner hours, private event bookings, an active social media presence, Happy Hour, joining the Chamber of Commerce, and promoting alcohol sales you have HUGE potential to the already solid gross sales.
- Reasons for selling:
-
Downsizing Portfolio
- Employees:
- 14
- Years established:
- 9
Other Information
- Support & training:
-
seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$299,000 with $140,000 down. 8% int., amortized over 60 months
- Inventory / Stock value:
- $4,500
