Middle Eastern Restaurant W/ Class C License

Not Disclosed, MI Oakland County

Asking Price: $275,000

Annual Revenue: $600,000

Food & Beverage: Restaurants, Fast Food, Deli

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Middle Eastern Restaurant w/ Class C License

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RE: Middle Eastern Restaurant W/ Class C License
Contact: Armen Nazarian

Owner Financing is Available!

$275,000 with $100,000 down, 8% interest, amortized over 60 months.

Quick Facts

	Asking Price:	$275,000
	Annual Revenue:	$600,000
	Net Profit:	Not Disclosed
	Cash Flow:	$100,000
	Total Debt:	Not Disclosed
	FF&E:	Not Disclosed
	Real Estate:	$850,000
	Year Established:	1999
	Employees:	7
	BBN Listing #:	58852001
	Broker Reference #:	0501

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Business Overview:

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! Contact Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com

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Property Features and Assets:

Market Competition and Expansion:

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.

Reason for Selling:

Other Business Interest.

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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