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Listed by:

Armen Nazarian Business Brokers

Price Reduced New Restaurant Concept For Sale

Oakland County, Michigan, US
Asking Price:
$85,000
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

Premises Details:

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”)

Size in square feet:
900

Business Operation

Expansion Potential:

A new concept could quickly thrive based on location alone!

Reasons for selling:

Current Business is Relocating

Other Information

Support & training:

Seller will train

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

$85,000 with $45,000 down. 8% int., amortized over 60 months