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  • RE:  Long Standing Restaurant In Warren MI
  • Contact:  Kalyan Rachakonda
Owner Financing is Available!

Quick Facts

Asking Price: $160,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: $70,000
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 5
BBN Listing #: 465864961
Broker Reference #: 60347-572277

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Business Overview:

Long standing Burger restaurant in very close proximity to huge manufacturing and engineering establishments.
The restaurant is located right off Mound Road, that has even more traffic due to newly constructed roads. The restaurant is located about a mile from General Motors, 4 miles from Chrysler plants, Dana, Kuka and 4 miles from Ford Motor plants in Macomb County.

Restaurant is closed on Sunday, any holidays etc but makes good business. This year 2023 is a solid come back year from Covid years. Owner cooks partly, and employs a part time chef, 2 full time waiters .

The building got a significant facelift both internally and outside. Options for outdoor seating and even putting a drive through. The potential for the business is significant.

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Property Features and Assets:

Hood, Stove, Oven, Freezer - 2 Walk in cooler Meat grinding Soda drinks set up 110 seater

Market Competition and Expansion:

  1. The business is witnessing a uptick in online orders - so any new buyer needs to do a better presence on Grubhub etc.
  2. Restaurant is closed on Sunday, any holidays etc - A new buyer can do much better if the restaurant is consistently open through the week
  3. Outreach to GM and other employers nearby
  4. Mound Road repairs are coming to an end. This will revive the traffic to this location. This is going to open tremendous potential for the restuarant

Reason for Selling:

Retiring

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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