Middle Eastern Restaurant

Oakland County, MI

Seller Financing Available

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Asking Price:$275,000
Gross Revenue:$600,000
Established Year:1999
Cash Flow:$100,000
Inventory:$10,000
BUSINESS DESCRIPTION

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 AP Nazarian @734-292-0917 or visit www.apnazarian.com


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,500
Employees
7
Facilities
All equipment is in excellent condition and regularly serviced and maintained. Restaurant has seating for 120 plus a beautiful banquet room capable of seating 125 with separate bar for all occasions. 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.
Growth & Expansion
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.
Financing
$275,000 with $150,000 down 8% int., amortized over 60 months
Support & Training
Seller will train.
Reason for Selling
Other Business Interest
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