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- RE: Successful 24-year-old Family-Owned Italian Restaurant For Sale!
- Contact: Gary And Mike Elle
Quick Facts
| Asking Price: | $349,000 | |
| Annual Revenue: | $386,211 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $171,092 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2001 | |
| Employees: | 4 | |
| BBN Listing #: | 986366 | |
| Broker Reference #: | 21345 |
Business Overview:
Here's a rare opportunity to acquire a highly profitable, well-established Italian Restaurant for Sale in one of Oakland County's most desirable and affluent markets. Family-owned and operated since 2001, this local favorite has built a loyal customer base and a strong reputation for quality Italian cuisine and pizza.
This Italian Restaurant for Sale is ideally positioned in a busy strip center it has called home for more than 20 years, benefiting from consistent traffic generated by surrounding residential neighborhoods and nearby businesses. This long-term location provides stability that is increasingly difficult to find.
A complete, high-end buildout completed in 2020 means there is nothing left to do but step in and operate. The kitchen is fully equipped with excellent equipment in pristine condition, and the spacious dining room easily accommodates private parties, catering events, and group dining. The layout and upscale finishes also lend themselves well to a cigar bar or lounge-style concept offering food and drinks, creating the potential for a unique, high-margin destination business. There is significant upside by adding a liquor license, which would further enhance the guest experience and drive higher ticket averages.
The business enjoys low rent and a favorable lease with five years remaining, offering long-term security for a new owner. Current ownership operates limited hours, closing on Mondays, major holidays, and for two weeks annually. Expanding hours — particularly opening on Mondays — presents an immediate and straightforward opportunity to increase revenue.
At present, most sales come from carryout orders, and the business does little to no advertising. A new owner could unlock substantial growth through targeted marketing, enhanced online ordering, and a stronger dine-in focus.
SBA financing has already been pre-approved for the full purchase price with as little as 10% down, making this an attractive opportunity for both first-time buyers and experienced operators. With a proven concept, strong cash flow, loyal customers, and multiple avenues for growth, this Italian restaurant represents a turnkey investment in one of Michigan's strongest restaurant markets.
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Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Bakers pride D- deck pizza oven
24" flat grill
36" charbroiler
2 6 burner ovens
2 40lb gas deep fryers
72" prep cooler
92" prep cooler
Full steam table with shelves & heating lamp
2 door freezer
Dessert chest freezer
Coke cooler
Commercial dish washer
Ice machine
2 door veggies cooler
Walk-in cooler
2 door meat cooler
Chest freezer
2 up-right stand up freezers
Prep tables
Vegetable sink &table
Front dessert display cooler
Cash register
1 door up right Pepsi cooler(leased by buying Pepsi products)
10 dinning tables
40 chairs
Coffee maker 2 door cooler for salad and beverages used twice
Fountain pop Pepsi 8 flavors
plates silverware, trays, glasses for dinning room
Fire place electric with heat
Wall hanging TV
Front Built-in counter with cabinets
Cappuccino machine 3 flavors
spice shelves
Grill top cooler stand cooler "60
Open sign w/ remote
2 microwaves
high chairs
Coffee table stand with Sink
2 bay steam table for soup
Bread holder stand
Hobart dough machine 60 Qt
pizza pans and screens
saut? pans, ladles, salad bowls
Market Competition and Expansion:
Strong Profitability: Consistently netting approximately $120K annually with 24 years of successful operation.
Prime Location: Located in the prestigious West Bloomfield area, one of Oakland County?s most desirable and affluent neighborhoods.
High-Quality Buildout: Beautifully designed interior, offering an inviting atmosphere that enhances the dining experience.
Growth Potential: Adding a liquor license could significantly increase revenue, unlocking additional profit opportunities.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- 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
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