Middle Eastern Restaurant W/ Class C License
Not Disclosed, MI Oakland County
Asking Price:
$275,000
Annual Revenue:
$600,000
Request More Information Contact the Seller
- RE: Middle Eastern Restaurant W/ Class C License
- Contact: Armen Nazarian
Owner Financing is Available!
$275,000 with $100,000 down, 8% interest, amortized over 60 months.
Quick Facts
| Asking Price: | $275,000 | |
| Annual Revenue: | $600,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $850,000 | |
| Year Established: | 1999 | |
| Employees: | 7 | |
| BBN Listing #: | 58852001 | |
| Broker Reference #: | 0501 |
Business Overview:
This is a great opportunity to own an established Middle Eastern Restaurant in Oakland County! Established 1999, this free standing, dine-in restaurant with Class C liquor license is located at an extremely busy intersection surrounded by plenty of residential and commercial properties. All equipment is in excellent condition and regularly serviced and maintained. Full menu/great food! Restaurant has seating for 120 plus a beautiful banquet room capable of seating 125 with separate bar for all occasions. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding & promoting catering/deliveries, daily specials, opening on Sundays and extending the hours, you have HUGE potential. This restaurant shows beautifully and to duplicate will cost more than 2.5 times the asking price! Buyer can purchase the business w/wo the property. This is a turn-key operation only needing a new owner/operator and will not disappoint. Owner will train new buyer! A must see/must have business that will not last long! Contact Armen Nazarian @ 248-231-7714 or visit www.armennazarian.comTo 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:
This is a great opportunity to own an established Middle Eastern Restaurant in Oakland County! Established 1999, this free standing, dine-in restaurant with Class C liquor license is located at an extremely busy intersection surrounded by plenty of residential and commercial properties.Market Competition and Expansion:
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding & promoting catering/deliveries, daily specials, opening on Sundays and extending the hours, you have HUGE potential.Reason for Selling:
Other Business Interest.Additional Details:
- The property is owned.
- 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:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
