File Number-#0501 | Location-Oakland County, MI | Gross Sales-$600,000 | Cash Flow-$100,000+ | Business Price-$275,000 | Down Payment-$150,000 | Monthly Payment-$2,534.55 | Interest Rate/Amortization-8% int., amortized over 60 months | License Required-Sales, Food, Class C | Inventory Value-$10,000 | Employees Full Time-4 | Employees Part Time-3 | Date Established-1999 | Hours of Operation-Mon-Sat 11am-8pm | Rent-Negotiable | Lease Period-New Lease Required | Real Estate-$850,000 / Negotiable Terms | Reason for Sale-Other Business Interest
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!