9 yrs est. Middle East Restaurant, Great Growth Pattern, Retiring

Ann Arbor, MI

Seller Financing Available

listing image
Asking Price:$158,000
Gross Revenue:$277,000
Rent:$3,004
Established Year:2013
Cash Flow:$97,230
Inventory:$2,800
FF&E:$31,100
BUSINESS DESCRIPTION

Pita restaurant, with great Revenue

YOU CAN ALMOST DOUBLE THE REVENUE IN YOUR FIRST YEAR, READ HOW IN THE FUTURE "GROWTH AND EXPANSION" SECTION BELOW.
In the bustling heart of our community lies a hidden treasure - a Middle Eastern pita sandwich restaurant that has flourished, defying all expectations. This culinary gem has experienced an astounding 50% growth over the past three years, all while operating just 35 hours a week. Imagine the possibilities when you become a part of this flourishing success story.

With an impressive SDE (Seller's Discretionary Earnings) approaching $100k, this restaurant is a testament to the captivating allure of Middle Eastern cuisine. Its authentic flavors have won the hearts and taste buds of loyal patrons, and there is a vast untapped potential awaiting those who dare to dream big.

But that's not all; the road to success is paved with even greater potential. By extending operating hours, you have the power to unleash this eatery's full potential, propelling it to greater heights. The stars are aligned for you to transform it into a multi-unit turnkey operation, offering an enticing franchise opportunity.

Nestled within a busy plaza, the restaurant enjoys a prime location that attracts a diverse and steady stream of customers. The foundation has been laid for your culinary dreams to thrive.

So, seize this opportunity to connect with the rich tapestry of Middle Eastern flavors and culture. Let your entrepreneurial spirit shine, as you unearth the hidden gem and elevate it to its true potential. Together, we'll shape a future of culinary excellence and create an experience that resonates with the hearts and palates of our community.

Unlock the Middle Eastern Gem today, and embark on an exciting journey that is nothing short of extraordinary.


DETAILED INFORMATION
Location
Ann Arbor, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Available for 5 to 10 years
Competition
Very low competition and there is no Pita store in the plaza
Growth & Expansion
This store is open 35 hours a week only and doing 277k gross. If you open everyday till 9pm (3 more hours every working day=15 hours) and open Saturdays and Sunday 8 hours a day (16 hours), that equals to 31 hours a week. THAT MEANS YOU CAN DOUBLE THE YOUR REVENUE WITHOUT ROCKING THE BOAT. Call me and I will give you the growth numbers
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
personal/Retiring
Report an Issue with this listing
profile-img
Vikas
Kukreja
logo-img
Vikas Kukreja