Pontiac Restaurant & Coffee Shop

Pontiac, MI

Seller Financing Available

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Asking Price:$259,000
Rent:$4,500/Month
Inventory:$10,000
Established Year:2015
BUSINESS DESCRIPTION

Two business's in ln the same building in downtown Pontiac. A restaurant, full service long Bar and full service kitchen located on the first level. A coffee shop with a separate entrance at the rear. Also a banquet room is included for small dinner parties. This building is a corner location with great visibility. Owned and operated by a well know Chef that teaches culinary arts. The Chef has been at this location for over ten years and this restaurant has a very good track record of providing great food and drinks. Incluldes a full Class "C" Liquor License. Contact the listing Broker Joseph Nahra for an appointment to inspect the facility.


DETAILED INFORMATION
Location
Pontiac, MI
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
01/01/2027
Employees
10
Facilities
Landmark Historic Building in Downtown Pontiac that has been restored over the past years.
Competition
This is a restaurant and bar with great potential for a full time owner and operator to make it even it a destination place in Pontiac. This is a very special restaurant and bar with little competition in the area.
Growth & Expansion
This could be a super star with the owner operator being more involved in the future of the business and able to spend the time to promote it.
Financing
Seller financing wit 30% down and terms of 48 months.
Support & Training
Support and training is offered on a thirty day agenda with time to be agreed on. The owner is a well known teaching Chef.
Reason for Selling
The Chef want to cut back on the demand for his time.

BUSINESS LOCATION
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Joe
Nahra
R.E. Consulting Services, LLC
Joe Nahra