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Listed by:

Armen Nazarian Business Brokers

Closed Restaurant: Only $45,000! For Sale

Madison Heights, Michigan, US
Asking Price:
$45,000 Furniture / Fixtures included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

This is a great opportunity to bring your own food or drink concept to a very busy intersection in Madison Heights. This restaurant is located on a highly traveled road surrounded by plenty of residential/commercial establishments, Oakland Mall, and many other major anchor tenants in the surrounding area. The current business has grown too big for this location and is relocating. All equipment has been maintained on a regular schedule and in excellent working condition! Owner will entertain all reasonable offers. A new concept could quickly thrive based on location alone!
Equipment includes, 2 – 18” Stock Pot Burners, 1 – Combo 4’ burner stove and oven,
1 – 3-Compartment Sink w/ 2-Drainboards, 1 – Single Compartment Sink w/ 1 Drainboard,
1 – 3-Door Reach-in Refrigerator, 1 – 3’ Glass Door Reach in Refrigerator,
1 – 5’ Worktable w/undershelf, 2 – 3-Door Reach-in Freezers, 1 – Scotsman Ice Machine,
1 – 1 Group Espresso Machine, 1 – 5’ 2-Door Sandwich Prep Station, and All Furniture & Fixtures including 5 – LED TVs (3 – 55” 2 – 50”).
*Name must change after Closing.

Property Information

Real Estate:

Lease

Lease Terms:

Until 12/31/2027

Leasehold Rent:

$1,500 per annum

Location:

This is a great opportunity to bring your own food or drink concept to a very busy intersection in Madison Heights. This restaurant is located on a highly traveled road surrounded by plenty of residential/commercial establishments, Oakland Mall, and many other major anchor tenants in the surrounding area.

Size in square feet:
900

Business Operation

Reasons for selling:

Current Business Relocated

Other Information

Business closed / Asset sale:
Yes

Listed by

Armen Nazarian Business Brokers