TROY, Michigan
| Asking Price |
$235,000 |
Year Established |
2011 |
|
| Annual Revenue |
$523,476 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Gary and |
|
| Annual Cash Flow |
$52,458 |
Listing Number |
1010851 |
|
| # of Employees |
8 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Beautiful Oakland County Diner for Sale. Exceptional opportunity to acquire a well-established restaurant located in the heart of Oakland County on one of the area's busiest and most highly traveled roads. This successful business has consistently generated annual sales ranging from approximately $525,000 to $650,000 over the past three years, demonstrating a strong and dependable customer base with excellent visibility and traffic exposure.
Established for 15 years under the same ownership, the Diner for Sale has built a loyal customer following and strong reputation within the community. The current brother-and-sister ownership team has successfully operated the business for over a decade and a half, but they are now ready for retirement and looking to pass this outstanding opportunity on to a new owner.
The Diner for Sale offered by We Sell Restaurants features a beautifully built-out dining area and a fully equipped commercial kitchen designed for efficient operations and an outstanding guest experience. The attractive interior, quality equipment, and functional layout make this a true turnkey opportunity for an experienced operator or first-time owner looking to enter the restaurant industry with an already proven location.
Situated in a thriving strip mall with strong national and local anchor stores, the Diner for Sale benefits from steady daily traffic and excellent neighboring businesses that help drive customer flow throughout the day. In addition, the restaurant operates with an affordable lease currently in place, with terms to be negotiated upon transfer to a new owner, creating a valuable long-term opportunity in a highly desirable retail corridor.
Whether you choose to continue the current concept or introduce your own new vision and brand, the location and infrastructure provide endless potential for growth and continued success. This location would also be an ideal opportunity for a coney island, neighborhood bar, sports pub, or other casual dining concept if a buyer wished to repurpose the space.
This is a rare chance to purchase a high-visibility Oakland County restaurant with strong historical sales, an excellent buildout, favorable occupancy costs, and tremendous upside potential. Opportunities like this in such a prime location do not come available often.
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Property Features and Assets:
New York Burgers and Grill Owned <br><br>(14) Four Top Booths <br>(2) Six Top Booths <br>(2) Two Top Booths <br>(8) Four Top Booths + Chair<br>(3) Stainless Steel Hand Sink<br>Malt Blender (3) Heads <br>3'x4' Ice Cream Freezer <br>(1) Microwave <br>(2) Four Slice Toaster <br>7' Prep Station with Refrigeration Below <br>(1) Six Burner Stove <br>(1) 5' Grill <br>(1) 2' Charbroil Grill <br>(2) Two Basket Deep Fryers<br>(1) 6' Steam Table <br>(1) One Door 6' Freezer <br>(1) Two Door 6' Freezer <br>NEW 3'x3' Ice Machine <br>(1) Single Waffle Maker <br>Over plus Six Burner Stove<br>13' Hood <br>8' Hood <br>(1) Meat Slicer <br>(1) Blender <br>(1) Keurig <br>(1) Meat Scale <br>(1) Dish Washer <br>(1) 6' Stainless Steel Table <br>(1) Three Door 6' Freezer <br>NEW Hot Water Tank<br>(1) Meat Grinder <br>(1) Three Bin Stainless Steel Sink <br>8'x16' Walk In Cooler <br><br>Pepsi Owned Equipment <br>Pop Dispenser - (8) Nozzle Heads <br>4' x 3' Pepsi Refrigerator <br><br>Ramolli Coffee Company Owned Equipment <br>Bunn Coffee Maker and 4 Pot Warmer <br>(1) Coffee Grinder
Market Competition and Expansion:
- Established restaurant generating approximately $530,000 in annual sales<br>- Strong owner benefit of approximately $60,000<br>- Located on one of the busiest and highest-traffic roads in Oakland County<br>- Excellent visibility and easy customer access from a major roadway<br>- Affordable lease structure provides a significant competitive advantage<br>- Landlord willing to negotiate a lease extension for the new owner upon transfer<br>-Stable occupancy costs support stronger long-term profitability<br>- Proven operating history with consistent customer traffic<br>- High-exposure location offers continued growth potential through increased marketing and expanded hours/menu<br>- Positioned in a strong local market with steady residential and commercial traffic<br>- Opportunity for a new owner to build on the existing customer base and reputation<br>- Turnkey business with infrastructure already in place for continued operations
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity