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Family restaurant for sale

Oakland County, MI

Seller Financing Available
Family restaurant for sale
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Asking Price: $125,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: $60,000

FF&E: $80,000

Inventory: N/A

Rent: $3,800 /Month

Established: 2018

Family restaurant for sale

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Business Description

Family restaurant for sale

This is a great opportunity to own a well-established family restaurant. This restaurant has a full kitchen that is well-equipped with “like new” equipment. The restaurant has seating for 60 and is in a 2,300 sq building with a great lease. The food is excellent. The owner does no advertising or marketing. Owner will stay on and train new owner for one week. This is a great starter restaurant. It’s a turn-key business that will not last long. Seller will consider all reasonable offers!

Detailed Information

Location:
Oakland County, MI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
8/22/2022
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Very clean and efficient restaurant with plenty of parking.
Growth & Expansion:
It's huge growth opportunity to open evening time. Current hours open 7.30-2.30. Owner has multiple businesses. Some creative advertising can make a positive difference.
Financing:
75000 down with finance
Support & Training:
One week training
Reason for Selling:
Partnership conflict
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Business Listed By:
Sunny

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