Popular Brunch in Quaint Downtown
Oakland County, MI
| Asking Price: | $224,999 |
| Rent: | $6,500/Month |
| Established Year: | 2020 |
| Gross Revenue: | $277,000 |
| FF&E: | $89,000 |
Listing ID: 2282679Listing provided by BizBuySell
BUSINESS DESCRIPTION
Large Patio & Liquor License
This cozy eatery opened in 2020 and serves various dishes made from scratch. The restaurant has indoor seating for 100 and a large patio that can seat an additional 50. A liquor license was added in the summer of 2023 and is included in the asking price. The owner has other businesses and is looking to downsize his current holdings. They serve breakfast and lunch, so a new owner could grow the business by opening for dinner and hosting private events in the large dining room.
Hours: Wed-Sun 8am-3pm, Mon & Tues-closed
DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,533
Lease Expiration
30/06/2025
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
A 2,533-square-foot building located on a corner lot in a beautiful downtown, it offers outdoor seating and plenty of parking.
Competition
There is no immediate competition in the area.
Growth & Expansion
Adding evening hours, hosting private events, and marketing could help expand the business.
Financing
50% down. Amortized for 5 years at 7%. Balloon due in 3 years.
Support & Training
Seller is willing to train a new owner.
Reason for Selling
Other business commitments
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