PLEASANT RIDGE, Michigan
| Asking Price |
$89,900 |
Year Established |
1999 |
|
| Annual Revenue |
$513,562 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Gary and Mike Elle |
|
| Annual Cash Flow |
$0 |
Listing Number |
983019 |
|
| # of Employees |
8 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This is a rare opportunity to acquire a beloved, award-winning Diner for Sale in Southeast Oakland County. With annual sales exceeding $525,000, a favorable lease, and a loyal customer base, this established restaurant offers an excellent foundation for continued success. From We Sell Restaurants, whether you are an experienced restaurant operator or an entrepreneur ready to make your mark in the restaurant industry, this opportunity combines proven performance with a strong community presence.
For the first time in over 25 years, this community-favorite diner is available for sale. Known for its diverse menu and commitment to quality, the restaurant features a unique selection of Ukrainian, Mexican, Italian, Polish, Greek, and other popular dishes. Its dedication to variety and quality has earned the diner multiple local awards and a strong reputation throughout the community.
Conveniently located near a popular bar district and local business hubs, this Diner for Sale benefits from consistent lunch and dinner traffic, along with a well-established carryout business. The favorable long-term lease adds significant value and provides an attractive foundation for the next owner.
The building has recently been updated with a brand-new heating and cooling system, offering improved efficiency and year-round comfort for customers and staff. The front of the restaurant was also completely remodeled within the past year, giving the business a refreshed appearance and a welcoming first impression.
This turnkey opportunity offers a new owner the chance to build upon an established operation while creating a fresh identity. A buyer can introduce a modified restaurant name and refreshed brand, retain popular menu favorites, and enhance the existing menu with new dishes and creative offerings. This approach provides the flexibility to preserve the restaurant's broad culinary appeal while developing a distinctive concept that reflects the new owner's vision.
With established sales, a loyal customer following, recent renovations, and an attractive lease, this restaurant provides an excellent starting point for an owner looking to introduce their own personality and ideas to an existing business. Whether you envision an updated neighborhood diner, a modernized casual dining concept, or a refreshed multicultural menu, this opportunity offers the space and foundation to make it happen.
Don't miss the chance to transform a longstanding local favorite into the next successful chapter of its story.
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Property Features and Assets:
2 (2) Door 54” Refrigerators
1 (3) Door 89” Salad Prep Fridge
1 48” Salad Fridge – Prep
1 34” Freezer
1 27” Freezer
1 Patriot Fryer
1 Hobart Automatic Meat Slicer
1 Garland (6) Burner Stove
(24’ Grill + (2) Ovens)
1 2 Compartment Steam Table
1 96” Display Fridge
3 Microwaves
1 Toaster Oven
1 (4) Slice Toaster
1 Food Processor
1 Hood + Fan Supression (Up to Code)
1 Soft Drink Machine
2 Bunn Coffee Makers
1 Bunn Coffee Grinder
1 (3) Compartment Sink
1 Hand Wash Sink
1 Storage/Display with Sink
8 (2) Top Tables (Butcher Block)
6 (4) Top Tables
1 (56’) Long Banquette - Seats 22
24 Chairs
4 Metal Shelves
1 60 Gallon Water Heater
1 Cash Register
Assorted Pots, Pans & Cambro Containers
Market Competition and Expansion:
-Established Reputation: Since 1999, this diner has built a strong local reputation for fantastic food, fostering loyal customer relationships.
-Combines classic Ukrainian dishes with American favorites, catering to diverse tastes and attracting a broad customer base.
-As one of the few establishments offering authentic Ukrainian cuisine in the area, it stands out in a niche market.
-Located in a multicultural area, it appeals to both Ukrainian expatriates and those looking to explore new cuisines.
-With a single owner since establishment, the restaurant is well-organized and ready for a new owner to step in seamlessly.
- Potential for growth through social media marketing and positive online reviews, attracting new diners.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity