Steakhouse Restaurant with Property!

Not Disclosed, MI
Oakland County

Asking Price: Annual Revenue:
$1,500,000 $800,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Steakhouse Restaurant with Property! Broker: Eric and Amanda Obloy

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 481963644
Broker Reference #: 020222-498928

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Business Overview:

This Opportunity has it all, from a Very Busy Steakhouse Restaurant/Bar, land and Buildings Included.

Turn-key Steakhouse Restaurant/Bar has a Huge Kitchen, Live Music and Solid Staff. Sales over $750,000.

Strip Center Building that produces another $40,000. of income from rental a year.

Commercial Zoned Home that produces $13,000. a year.

Did I mention, the large parking lot that is rented out for $750. a month.

The Restaurant is in a 6,000 square feet Building, The Strip Mall is next to the vacant parking lot, behind the strip mall is the 1,200 square feet Home. Location is the Key! Asking $1.5 Million for All Property's and Business or if you are just interested in the Steak Restaurant Business, Asking $650,000. Incredible Income, Incredible ROI.

Location! Location! Location!

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Eric Obloy for More Information

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Reason for Selling:

Looking to Retire from the Business.

Additional Details:

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

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