File Number-#0691 | Location-Washtenaw County, MI. | Gross Sales-$555,908 | Cash Flow-$131,310 | Business Price-$499,000 | Down Payment-$175,000| Monthly Payment-$3,931.01 | Interest Rate/Amortization-8% int., amortized over 120 months | License Required-Sales, Food | Inventory Value-$7,000 | Employees Full Time-8 | Employees Part Time-4 | Date Established-2014 | Hours of Operation- 8am-3pm | Rent-$3,931.01 Gross | Lease Period-1/2029 | Reason for Sale-Opening different concept restaurant
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!!