New Restaurant Concept / Price Reduction!

Asking Price$85,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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New Restaurant Concept / Price Reduction!


Asking Price$85,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
This is a great opportunity to bring your own food or drink concept to a very busy intersection in Madison Heights. This restaurant is located on a highly traveled road surrounded by plenty of residential/commercial establishments, Oakland Mall, and many other major anchor tenants in the surrounding area. The current business has grown too big for this location and is relocating. All equipment has been maintained on a regular schedule and in excellent working condition! Owner will entertain all reasonable offers. A new concept could quickly thrive based on location alone! Call Armen Nazarian Business Brokers
Equipment includes, 2 – 18” Stock Pot Burners, 1 – Combo 4’ burner stove and oven,
1 – 3-Compartment Sink w/ 2-Drainboards, 1 – Single Compartment Sink w/ 1 Drainboard,
1 – 3-Door Reach-in Refrigerator, 1 – 3’ Glass Door Reach in Refrigerator,
1 – 5’ Worktable w/undershelf, 2 – 3-Door Reach-in Freezers, 1 – Scotsman Ice Machine,
1 – 1 Group Espresso Machine, 1 – 5’ 2-Door Sandwich Prep Station, and All Furniture & Fixtures including 5 – LED TVs (3 – 55” 2 – 50”).
*Name must change after Closing.
About the Business
Facilities & Assets
Equipment includes, 2 – 18” Stock Pot Burners, 1 – Combo 4’ burner stove and oven,
1 – 3-Compartment Sink w/ 2-Drainboards, 1 – Single Compartment Sink w/ 1 Drainboard,
1 – 3-Door Reach-in Refrigerator, 1 – 3’ Glass Door Reach in Refrigerator,
1 – 5’ Worktable w/undershelf, 2 – 3-Door Reach-in Freezers, 1 – Scotsman Ice Machine,
1 – 1 Group Espresso Machine, 1 – 5’ 2-Door Sandwich Prep Station, and All Furniture & Fixtures including 5 – LED TVs (3 – 55” 2 – 50”)
Website
https://www.armennazarian.com/
Opportunities for Growth
A new concept could quickly thrive based on location alone!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
900
Rent
$1,500.00 per month
About the Sale
Seller Motivation
Current Business is Relocating
Transition Support
Seller will Train
Financing Options
$85,000 with $45,000 down. 8% int., amortized over 60 months
Listing Info
ID
2439182
Listing Views
323

Contact Seller

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Business Listed by: Armen Nazarian Armen Nazarian Business Brokers

Listing ID: 2439182 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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