Middle Eastern Restaurant w/ Class C License

Asking Price$275,000

Cash Flow
$100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$600,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real Estate$850,000
Not included in asking price
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Middle Eastern Restaurant w/ Class C License


Asking Price$275,000

Cash Flow
$100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$600,000

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real Estate$850,000
Not included in asking price

Seller Financing Available
Business Description
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! Call Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com
About the Business
Years in Operation
26
Employees
7
Facilities & Assets
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.
Website
http://www.armennazarian.com
Opportunities for Growth
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.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
4,500
About the Sale
Seller Motivation
Other Business Interest
Transition Support
Seller will train
Financing Options
$275,000 with $100,000 down, 8% int., amortized over 60 months
Listing Info
ID
2097192
Listing Views
797

Contact Seller

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Business Listed by: Armen Nazarian Armen Nazarian Business Brokers

Listing ID: 2097192 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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