Breakfast/Lunch Restaurant

Oakland County, MI

Seller Financing Available

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Asking Price:$275,000
Inventory:$6,000
Established Year:2015
Gross Revenue:$600,000
Rent:$3,200/Month
BUSINESS DESCRIPTION

This is a great opportunity to own a beautiful Breakfast/Lunch Restaurant in Oakland County. Established in the 2015, this 120-seat restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent condition and maintained regularly. Restaurant serves breakfast and lunch and closes at 2pm! Great menu! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with extending the hours, opening on Wednesdays, adding catering/deliveries, corporate accounts and a website, you have HUGE potential. Great location with plenty of growth opportunities! 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!! Call Armen Nazarian Business Brokers


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,200
Employees
8
Facilities
All equipment is in excellent condition and maintained regularly. Restaurant serves breakfast and lunch and closes at 2pm! Great menu!
Growth & Expansion
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with extending the hours, opening on Wednesdays, adding catering/deliveries, corporate accounts and a website, you have HUGE potential. Great location with plenty of growth opportunities!
Financing
$275,000 with $99,000 down. 8% int., amortized over 120 months. Balloon due in 60 mon
Support & Training
Seller will Train
Reason for Selling
Opening Another Restaurant
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Armen Nazarian