Breakfast/Lunch Restaurant
Not Disclosed, MI Not Disclosed
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- RE: Breakfast/Lunch Restaurant
- Contact: Armen Nazarian
Quick Facts
| Asking Price: | $499,000 | |
| Annual Revenue: | $555,908 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $131,310 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 12 | |
| BBN Listing #: | 987363 | |
| Broker Reference #: | 0691 |
Business Overview:
This is a great opportunity to own a beautiful Breakfast/Lunch Restaurant on College Campus in Washtenaw County. Established in the 2014, this recently remodeled bistro style, 78-seater restaurant is located right in the heart of a major university surrounded by plenty of campuses, shops, restaurants and student housing. All equipment is in excellent condition and maintained regularly. Restaurant serves breakfast and lunch, shows beautifully and closes at 3pm! Great menu, short hours! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with extending the hours for dinner, adding catering/deliveries, Bistro License and corporate accounts, you have HUGE potential. Great location with plenty of growth opportunities! Full basement below restaurant for storage! 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
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Property Features and Assets:
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with extending the hours for dinner, adding catering/deliveries, Bistro License and corporate accounts, you have HUGE potential.
Market Competition and Expansion:
Established in the 2014, this recently remodeled bistro style, 78-seater restaurant is located right in the heart of a major university surrounded by plenty of campuses, shops, restaurants and student housing. All equipment is in excellent condition and maintained regularly. Restaurant serves breakfast and lunch, shows beautifully and closes at 3pm! Great menu, short hours!
Reason for Selling:
Opening Different Concept RestaurantAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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