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Listed by:

Armen Nazarian Business Brokers

Great Breakfast/Lunch Restaurant In Washtenaw County For Sale

Washtenaw County, Michigan, US
Asking Price:
$499,000
Sales Revenue:
$515,290
Cash Flow:
$136,063

This is a great opportunity to own a beautiful Breakfast/Lunch Restaurant on College Campus in Washtenaw County. Established in the 2014, this recently remodeled bistro style, 78-seater restaurant is located right in the heart of a major university surrounded by plenty of campuses, shops, restaurants and student housing. All equipment is in excellent condition and maintained regularly. Restaurant serves breakfast and lunch, shows beautifully and closes at 3pm! Great menu, short hours! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with extending the hours for dinner, adding catering/deliveries, Bistro License and corporate accounts, you have HUGE potential. Great location with plenty of growth opportunities! Full basement below restaurant for storage! 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!! C

Property Information

Real Estate:

Lease

Premises Details:

Established in the 2014, this recently remodeled bistro style, 78-seater restaurant is located right in the heart of a major university surrounded by plenty of campuses, shops, restaurants and student housing. All equipment is in excellent condition and maintained regularly. Restaurant serves breakfast and lunch, shows beautifully and closes at 3pm! Great menu, short hours!

Size in square feet:
2,045

Business Operation

Expansion Potential:

Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with extending the hours for dinner, adding catering/deliveries, Bistro License and corporate accounts, you have HUGE potential.

Reasons for selling:

Opening Different Concept Restaurant

Employees:
12
Years established:
11

Other Information

Support & training:

seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$499,000 with $175,000 down. 8% int. amortized over 120 months

Inventory / Stock value:
$7,000