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RE:  Family Restaurant With Or Without Property Contact:  Armen Nazarian
Owner Financing is Available!
$249,000 with $125,000 down, 8% interest, amortized over 60 months.

Quick Facts

Asking Price: $249,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1940
Employees: 10
BBN Listing #: 969152001
Broker Reference #: 0422

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Business Overview:

This is a great opportunity to own a beautiful, recently remodeled Family Style Restaurant in Oakland County. Established in the 1940’s, this free standing, 5,000 square feet restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent condition and serviced/maintained regularly. Full menu consists of breakfast, lunch and dinner. Established separate party room for all occasions. This business is being run semi-absentee due to owner’s busy career! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding catering/deliveries, live entertainment, beer/wine license along with hosting parties and events, you have HUGE potential. Pre-Covid sales used to be around $1.3 million! New Buyer can lease or buy the property! Seller will train and entertain all reasonable offers and terms!! A must see/must have business that will not last long!

Call Armen Nazarian.
*Property for lease or sale!

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Property Features and Assets:

This is a great opportunity to own a beautiful, recently remodeled Family Style Restaurant in Oakland County. Established in the 1940’s, this free standing, 5,000 square feet restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. All equipment is in excellent condition and serviced/maintained regularly.

Reason for Selling:

Retirement

Additional Details:

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

Relevant Links:

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