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Listed by:

Armen Nazarian Business Brokers

Middle Eastern Restaurant For Sale

Michigan, US
Asking Price:
$225,000 Furniture / Fixtures included
Sales Revenue:
$400,000
Cash Flow:
$125,000

This is a great opportunity to own a well-established Middle Eastern Restaurant in affluent Oakland County! Established in 2014, this 20-seater restaurant is located on an extremely busy, high traveled road surrounded by plenty of residential and commercial properties in the surrounding area. All equipment is in good working order and serviced regularly. Great menu/great food! Menu consists of Chicken Shawarma, Beef Shawarma, Falafel, Hummus, Fattoush Salad, Tabbouli, Soups, and many other dishes and sandwiches. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with opening on Sundays, adding & promoting catering and deliveries, joining the Chamber of Commerce, you have HUGE potential to the already solid sales. This is a turn-key operation that needs a new owner/operator and will not disappoint. Great Cash-flow! Owner will train new buyer! A must see/must have business that will not last long. Seller will entertain all reasonable offers!

Property Information

Real Estate:

Lease

Lease Terms:

Lease good through 2032

Leasehold Rent:

$3,785 per annum

Location:

This is a great opportunity to own a well-established Middle Eastern Restaurant in affluent Oakland County! Established in 2014, this 20-seater restaurant is located on an extremely busy, high traveled road surrounded by plenty of residential and commercial properties in the surrounding area.

Size in square feet:
1,620

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

A new owner/operator with some creative advertising/marketing along with opening on Sundays, adding & promoting catering and deliveries, joining the Chamber of Commerce, you have huge potential to the already solid sales.

Reasons for selling:

Absentee Owner Owns Other Businesses

Employees:
3 FT / 2 PT
Years established:
2014

Other Information

Support & training:

Seller will train

Inventory / Stock value:
$20,000