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Listed by:

Armen Nazarian Business Brokers

Middle Eastern Restaurant For Sale

Oakland County, Michigan, US
Asking Price:
$275,000
Sales Revenue:
$600,000
Cash Flow:
$100,000

This is a great opportunity to own an established Middle Eastern Restaurant in Oakland County! Established 1999, this free standing, dine-in restaurant with Class C liquor license is located at an extremely busy intersection surrounded by plenty of residential and commercial properties. All equipment is in excellent condition and regularly serviced and maintained. Full menu/great food! Restaurant has seating for 120 plus a beautiful banquet room capable of seating 125 with separate bar for all occasions. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding & promoting catering/deliveries, daily specials, opening on Sundays and extending the hours, you have HUGE potential. This restaurant shows beautifully and to duplicate will cost more than 2.5 times the asking price! Buyer can purchase the business w/wo the property. This is a turn-key operation only needing a new owner/operator and will not disappoint. Owner will train new buyer! A must see/must have business that will not last long! Call Armen Nazarian @ or visit

Property Information

Real Estate:

Lease

Location:

This is a great opportunity to own an established Middle Eastern Restaurant in Oakland County! Established 1999, this free standing, dine-in restaurant with Class C liquor license is located at an extremely busy intersection surrounded by plenty of residential and commercial properties.

Premises Details:

All equipment is in excellent condition and regularly serviced and maintained. Full menu/great food! Restaurant has seating for 120 plus a beautiful banquet room capable of seating 125 with separate bar for all occasions.

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 & promoting catering/deliveries, daily specials, opening on Sundays and extending the hours, you have HUGE potential.

Reasons for selling:

Other Business Interest

Employees:
4 FT / 3 PT
Years established:
24

Other Information

Support & training:

Seller will Train

Financing available:

$275,000 with $150,000 down. 8% int., amortized over 60 months

Inventory / Stock value:
$10,000