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Business For Sale

Only $49,900 Gets You in this Establish Restaurant

Oakland, MI, USA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Year Established:
Employees:
Listing Number:
$110,000
2005
7
83622430
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$250,000
$80,000
Not Disclosed
Not Disclosed

Business for Sale Overview:

This well established Lebanese restaurant is well known for its food, fresh fruit drinks and Fresh, Hot Bread! Has developed a loyal lunch clientele from as far away as the General Motors Tech Center, and a loyal base of locals for dinner and the food is very good and competitively priced. You provide your good service and you'll have an excellent opportunity. Huge Feature is their Gas Fired Brick Oven - Everybody Loves Their Fresh. Hot Bread Loaves-Everybody!!

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

Property features an End Cap Location, On a Heavily Traveled Street, 3,300 square feet, seating for 150, room for large parties, and a Large Production Kitchen For The Dining Room and Catering. You Cannot Reproduce This For The Price!! The brick oven alone would cost you $20,000 plus!!

Market Competition and Expansion:

Some, but this place stands very well against the competition. Expand Catering. and do more marketing. Large room for parties allows you to handle large parties where others cannot. Every time he present owner has marketed it has produced strong results. The owner will finance balance of purchase price for 3 years at 8% interest.

Reason for Selling:

Wants to move to Texas

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Only $49,900 Gets You in this Establish Restaurant
Business Listed By:
Norman MacGillivray
Century 21 AAA North Business Brokerage/Commercial Division
contact the seller
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