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- RE: Successful 24-year-old Family-Owned Italian Restaurant For Sale!
- Contact: Gary And Mike Elle
Quick Facts
Asking Price: | $399,000 | |
Annual Revenue: | $386,211 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $171,092 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2001 | |
Employees: | 4 | |
BBN Listing #: | 986366 | |
Broker Reference #: | 21345 |
Business Overview:
Highly Profitable Italian Restaurant for Sale in Oakland CountyThis highly profitable Italian Restaurant for Sale offers a rare opportunity for a hands-on owner-operator to step into a thriving, well-established business in one of Michigan's most affluent areas. Located in the heart of Oakland County, this restaurant has been a local favorite since its founding in 2001 by a husband-and-wife team. Its prime location in the same strip mall for over two decades ensures a steady flow of customers from surrounding residential and business communities.This Italian Restaurant for Sale, offered by We Sell Restaurants, is fully equipped with top-notch equipment in pristine condition. A brand-new, immaculate buildout was completed in 2020, providing a welcoming environment for diners. The spacious dining area is perfect for hosting parties and events, offering ample space for private gatherings, which can increase revenue potential. Adding a liquor license could further boost sales and elevate the overall dining experience, creating additional market opportunities.With low rent and a favorable lease with five years remaining, this Italian Restaurant for Sale offers long-term stability. The owners close for two weeks each year and all major holidays.SBA financing has already been pre-approved for the full amount with just 10% down making this Italian Restaurant for Sale is an ideal opportunity for both first-time buyers and experienced restaurant owners. The current owners don't actively advertise the business, and most revenue comes from carryout orders. There is substantial untapped potential for growth through an aggressive advertising campaign to attract more dine-in customers.This Italian Restaurant for Sale has a loyal customer base raves about its Italian food and pizza, making it a perfect addition to any portfolio. With its prime location, immaculate buildout, and tremendous growth potential, this restaurant is a highly profitable investment in one of Michigan's most desirable areas.By Providing your number to We Sell Restaurants, you are agreeing to receive text notifications.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Bakers pride D- deck pizza oven24" flat grill36" charbroiler 2 6 burner ovens2 40lb gas deep fryers72" prep cooler92" prep coolerFull steam table with shelves & heating lamp 2 door freezer Dessert chest freezerCoke coolerCommercial dish washerIce machine2 door veggies coolerWalk-in cooler2 door meat coolerChest freezer 2 up-right stand up freezersPrep tablesVegetable sink &tableFront dessert display coolerCash register1 door up right Pepsi cooler(leased by buying Pepsi products)10 dinning tables40 chairsCoffee maker 2 door cooler for salad and beverages used twiceFountain pop Pepsi 8 flavorsplates silverware, trays, glasses for dinning roomFire place electric with heatWall hanging TVFront Built-in counter with cabinets Cappuccino machine 3 flavors spice shelvesGrill top cooler stand cooler "60Open sign w/ remote 2 microwaves high chairsCoffee table stand with Sink2 bay steam table for soupBread holder standHobart dough machine 60 Qtpizza pans and screenssaut? pans, ladles, salad bowlsMarket Competition and Expansion:
Strong Profitability: Consistently netting approximately $120K annually with 24 years of successful operation.Prime Location: Located in the prestigious West Bloomfield area, one of Oakland County?s most desirable and affluent neighborhoods.High-Quality Buildout: Beautifully designed interior, offering an inviting atmosphere that enhances the dining experience.Growth Potential: Adding a liquor license could significantly increase revenue, unlocking additional profit opportunities.Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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