Breakfast/Lunch Restaurant

Asking Price$499,000

Cash Flow
$131,310
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$555,908

Inventory$7,000
Not included in asking price
FF&ENot Disclosed

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Breakfast/Lunch Restaurant


Asking Price$499,000

Cash Flow
$131,310
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$555,908

Inventory$7,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
This is a great opportunity to own a beautiful Breakfast/Lunch Restaurant on College Campus in Washtenaw County. Established in the 2014, this recently remodeled bistro style, 78-seater restaurant is located right in the heart of a major university surrounded by plenty of campuses, shops, restaurants and student housing. All equipment is in excellent condition and maintained regularly. Restaurant serves breakfast and lunch, shows beautifully and closes at 3pm! Great menu, short hours! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with extending the hours for dinner, adding catering/deliveries, Bistro License and corporate accounts, you have HUGE potential. Great location with plenty of growth opportunities! Full basement below restaurant for storage! Perfect for a husband/wife team or a starter restaurant. A must see/must have business that will not disappoint! Nice Cashflow! Seller will entertain all reasonable offers!! Call Armen Nazarian Business Brokers
About the Business
Years in Operation
11
Employees
12
Facilities & Assets
Established in the 2014, this recently remodeled bistro style, 78-seater restaurant is located right in the heart of a major university surrounded by plenty of campuses, shops, restaurants and student housing. All equipment is in excellent condition and maintained regularly. Restaurant serves breakfast and lunch, shows beautifully and closes at 3pm! Great menu, short hours!
Website
https://www.armennazarian.com/
Opportunities for Growth
Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with extending the hours for dinner, adding catering/deliveries, Bistro License and corporate accounts, you have HUGE potential.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,045
Rent
$7,157.50 per month
About the Sale
Seller Motivation
Opening Different Concept Restaurant
Transition Support
Seller will Train
Financing Options
$499,000 with $175,000 down. 8% int. amortized over 120 months
Listing Info
ID
2341223
Listing Views
260

Contact Seller

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Business Listed by: Armen Nazarian Armen Nazarian Business Brokers

Listing ID: 2341223 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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