Franchise Steakhouse / Bar & Grill
Not Disclosed, MI Not Disclosed
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- RE: Franchise Steakhouse / Bar & Grill
- Contact: Armen Nazarian
Quick Facts
| Asking Price: | $495,000 | |
| Annual Revenue: | $2,804,205 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 48 | |
| BBN Listing #: | 987659 | |
| Broker Reference #: | 0693 |
Business Overview:
HOT ROCK COOKING IS THE NEWEST PHENOMENON IN THE CULINARY WORLD!! This is a great opportunity to own an award-winning Franchise Steakhouse in Suburban Wayne County. Established in 2014, this Steakhouse is located on a prime highly traveled road, surrounded by plenty of residential and commercial properties with national anchors in the surrounding areas. Specializing in steaks served and cooked to perfection by the customer, on a 755-degree volcanic sizzling rock just the way they like it making it a memorable dining experience. Loyal and established customer base enjoy the warm & inviting atmosphere with a sophisticated feel! Lively bar area with a wide selection of drinks! All equipment is in great working order and serviced regularly. Menu consist of Appetizers, Fresh Salads, Burgers, Handhelds, Entrees, Steaks, Desserts and more. Current owner does minimal advertising…a new owner/operator with some creative advertising/market along offering daily specials, drinks specials, customer appreciation and joining the Chamber of Commerce, you have HUGE potential. This restaurant has so much more growth potential for the right operator and does not disappoint! A must see/must have business priced aggressively to sell! Turn-key operation only needing a new owner/operator! Call Armen Nazarian Business Brokers
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Property Features and Assets:
Specializing in steaks served and cooked to perfection by the customer, on a 755-degree volcanic sizzling rock just the way they like it making it a memorable dining experience. Loyal and established customer base enjoy the warm & inviting atmosphere with a sophisticated feel! Lively bar area with a wide selection of drinks! All equipment is in great working order and serviced regularly. Menu consist of Appetizers, Fresh Salads, Burgers, Handhelds, Entrees, Steaks, Desserts and more.
Market Competition and Expansion:
Current owner does minimal advertising…a new owner/operator with some creative advertising/market along offering daily specials, drinks specials, customer appreciation and joining the Chamber of Commerce, you have HUGE potential. This restaurant has so much more growth potential for the right operator and does not disappoint!
Reason for Selling:
Other Business InterestAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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