Turn-Key Downtown Detroit Restaurant & Bar Acquisition
Asking Price: | $1,350,000 |
Established Year: | 2022 |
Rent: | $8,636/Month |
Exquisite Downtown Detroit Restaurant & Bar Acquisition
Incredible opportunity to acquire this beautiful newly constructed modern Mexican dining and drinking experience, Nuevo Seoul. A hip and completely original Korean inspired Mexican Restaurant & Bar; at the heart and core of the steadily exploding Downtown Detroit Central Business District. This acquisition includes the Liquor License, Furniture, Fixtures, Equipment and all Inventory on premises.
The acquisition is being offered at $1,350,000.00 and the new owner / purchaser will assume the lease, which commenced July 2021, at a lease rate of $8636.00 per month NNN through 2026.
The Initial Lease Term is 10 years with (2) 5 Year Renewal Options.
The 3,994 square foot space is an incredible blend of indoor and covered heated outdoor space ~ fronting a charming and inviting pedestrian friendly alley. No expenses spared in this hip, modern and vibrant establishment, featuring a totally unique Mexican and Korean inspired menu, and a cozy stylish bar with a carefully curated tequila and mezcal selection. The heated enclosed outdoor patio is ideal for daytime and evening gatherings.
Attractive financing solutions / packaging readily available to qualified purchasers.
BUSINESS LOCATION