Successful 24 year old Family Owned Italian Restaurant for Sale!

Asking Price$349,000

Cash Flow

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$349,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$386,211

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Here's a rare opportunity to acquire a highly profitable, well established Italian Restaurant for Sale in one of Oakland County's most desirable and affluent markets. Family owned and operated since 2001, this local favorite has built a loyal customer base and a strong reputation for quality Italian cuisine and pizza.
This Italian Restaurant for Sale is ideally positioned in a busy strip center it has called home for more than 20 years, benefiting from consistent traffic generated by surrounding residential neighborhoods and nearby businesses. This long term location provides stability that is increasingly difficult to find.
A complete, high end buildout completed in 2020 means there is nothing left to do but step in and operate. The kitchen is fully equipped with excellent equipment in pristine condition, and the spacious dining room easily accommodates private parties, catering events, and group dining. The layout and upscale finishes also lend themselves well to a cigar bar or lounge style concept offering food and drinks, creating the potential for a unique, high margin destination business. There is significant upside by adding a liquor license, which would further enhance the guest experience and drive higher ticket averages.
The business enjoys low rent and a favorable lease with five years remaining, offering long term security for a new owner. Current ownership operates limited hours, closing on Mondays, major holidays, and for two weeks annually. Expanding hours — particularly opening on Mondays — presents an immediate and straightforward opportunity to increase revenue.
At present, most sales come from carryout orders, and the business does little to no advertising. A new owner could unlock substantial growth through targeted marketing, enhanced online ordering, and a stronger dine in focus.
SBA financing has already been pre approved for the full purchase price with as little as 10% down, making this an attractive opportunity for both first time buyers and experienced operators. With a proven concept, strong cash flow, loyal customers, and multiple avenues for growth, this Italian restaurant represents a turnkey investment in one of Michigan's strongest restaurant markets.
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About the Business
Years in Operation
25
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
1946

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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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