Successful 24-year-old Family-Owned Italian Restaurant for Sale!

Asking Price$399,000

Cash Flow
$171,092
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$386,211

InventoryNot Disclosed

FF&ENot Disclosed

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Successful 24-year-old Family-Owned Italian Restaurant for Sale!


Asking Price$399,000

Cash Flow
$171,092
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$386,211

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Highly Profitable Italian Restaurant for Sale in Oakland County
This highly profitable Italian Restaurant for Sale offers a rare opportunity for a hands-on owner-operator to step into a thriving, well-established business in one of Michigan's most affluent areas. Located in the heart of Oakland County, this restaurant has been a local favorite since its founding in 2001 by a husband-and-wife team. Its prime location in the same strip mall for over two decades ensures a steady flow of customers from surrounding residential and business communities.
This Italian Restaurant for Sale, offered by We Sell Restaurants, is fully equipped with top-notch equipment in pristine condition. A brand-new, immaculate buildout was completed in 2020, providing a welcoming environment for diners. The spacious dining area is perfect for hosting parties and events, offering ample space for private gatherings, which can increase revenue potential. Adding a liquor license could further boost sales and elevate the dining experience, creating additional market opportunities.
With low rent and a favorable lease with five years remaining, this Italian Restaurant for Sale offers long-term stability. The owners close for two weeks each year and all major holidays. For additional revenue, the restaurant could increase profits by opening on Mondays, tapping into a new customer base. Many customers seek dining options early in the week, and opening Monday would help capture this untapped market.
SBA financing has already been pre-approved for the full amount with just 10% down, making this Italian Restaurant for Sale an ideal opportunity for both first-time buyers and experienced restaurant owners. The current owners don't actively advertise the business, and most revenue comes from carryout orders. There is substantial potential for growth through an aggressive advertising campaign to attract more dine-in customers.
This Italian Restaurant for Sale has a loyal customer base that raves about its food and pizza, making it a perfect addition to any portfolio. With its prime location, immaculate buildout, and tremendous growth potential, this restaurant is a highly profitable investment in one of Michigan's most desirable areas.
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About the Business
Years in Operation
24
Employees
4
Facilities & Assets
Bakers pride D- deck pizza oven
24" flat grill
36" charbroiler
2 6 burner ovens
2 40lb gas deep fryers
72" prep cooler
92" prep cooler
Full steam table with shelves & heating lamp
2 door freezer
Dessert chest freezer
Coke cooler
Commercial dish washer
Ice machine
2 door veggies cooler
Walk-in cooler
2 door meat cooler
Chest freezer
2 up-right stand up freezers
Prep tables
Vegetable sink &table
Front dessert display cooler
Cash register
1 door up right Pepsi cooler(leased by buying Pepsi products)
10 dinning tables
40 chairs
Coffee maker 2 door cooler for salad and beverages used twice
Fountain pop Pepsi 8 flavors
plates silverware, trays, glasses for dinning room
Fire place electric with heat
Wall hanging TV
Front Built-in counter with cabinets
Cappuccino machine 3 flavors
spice shelves
Grill top cooler stand cooler "60
Open sign w/ remote
2 microwaves
high chairs
Coffee table stand with Sink
2 bay steam table for soup
Bread holder stand
Hobart dough machine 60 Qt
pizza pans and screens
saut? pans, ladles, salad bowls
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
Strong Profitability: Consistently netting approximately $120K annually with 24 years of successful operation.
Prime Location: Located in the prestigious West Bloomfield area, one of Oakland County?s most desirable and affluent neighborhoods.
High-Quality Buildout: Beautifully designed interior, offering an inviting atmosphere that enhances the dining experience.
Growth Potential: Adding a liquor license could significantly increase revenue, unlocking additional profit opportunities.
Opportunities for Growth
Untapped Revenue Potential: Adding a liquor license could drive significant additional revenue through alcohol sales and increased customer spend.
Brand Recognition: Established reputation and loyal customer base after 24 years, providing a strong foundation for future marketing and expansion.
Catering and Events: Expanding into catering services or hosting private events could further increase profitability and diversify income streams.
Delivery & Online Ordering: Growing demand for delivery and takeout services presents an opportunity to tap into a wider market, including online ordering platforms.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$2,700.00 per month
Lease Expiration
12/31/2029
About the Sale
Seller Motivation
Retirement
Transition Support
1 Week
Listing Info
ID
2335167
Listing Views
1553

Contact Seller

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Business Listed by: Gary Elle We Sell Restaurants

Listing ID: 2335167 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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