Turnkey Diner | Downtown Royal Oak | Huge Upside

Asking Price$475,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Turnkey Diner | Downtown Royal Oak | Huge Upside


Asking Price$475,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Completely renovated, turnkey retro diner operating in the heart of Downtown Royal Oak — one of Metro Detroit’s most walkable, highest-traffic dining corridors. The business is actively open and generating an estimated $65,000–$70,000 in monthly sales with multiple immediately actionable upside levers that current ownership has not pursued.

The buildout is exceptional — custom retro murals, checkerboard flooring, pink-and-chrome fixtures, LED accent lighting, full open-concept commercial kitchen, and 60 seats across counter and table service. No capital required to operate from day one.

Current ownership is non-operator. The owner is not present daily, resulting in elevated management costs that compress the bottom line. An owner-operator steps in and immediately reduces overhead — estimated $40,000–$80,000+ in annual margin improvement without changing a single menu item or marketing dollar.

Additional upside is structural and untapped: zero food delivery app revenue currently captured — DoorDash, GrubHub, and Uber Eats represent immediate incremental revenue with no additional overhead. Downtown Royal Oak foot traffic is among the densest in Oakland County, with restaurants, bars, retail, and entertainment driving consistent year-round demand. A major hospital campus is located steps from the front door — thousands of shift workers representing an unserved catering and delivery opportunity that is available from day one.

$3,400 per month NNN base rent — approximately 5.1% occupancy cost ratio, well within safe range. Land contract financing available with agreeable terms and conditions. An executed NCNDA is required prior to disclosure of the business name, address, or any identifying information. All inquiries must be directed through the listing broker.
About the Business
Employees
12 (5 Full-time, 7 Part-time)
Facilities & Assets
Completely renovated 1950s retro diner concept. 60 seats across full counter and table service. Custom hand-painted floor-to-ceiling retro murals, black-and-white checkerboard tile flooring, pink-and-chrome fixtures, LED accent lighting. Full open-concept commercial kitchen visible from dining room — stainless steel throughout. Pepsi fountain system, commercial coffee equipment, full prep line. POS system and all operational technology included. Turnkey — no capital required.
Market Outlook / Competition
Downtown Royal Oak is Metro Detroit's densest walkable retail and dining corridor with consistent year-round foot traffic. Surrounded by restaurants, bars, retail, and entertainment venues. Beaumont/Corewell Royal Oak hospital campus steps away — thousands of daily shift workers across multiple shifts. Royal Oak Art Fair, parades, and community events drive significant volume spikes. High-income suburban professional demographic. Limited retro/concept diner competition — distinct niche in the market.
Opportunities for Growth
Four immediately actionable upside levers: (1) Owner-operator replaces manager, reducing overhead $40K–$80K+ annually from day one. (2) Launch DoorDash, GrubHub, Uber Eats — zero delivery revenue currently captured, estimated $8K–$20K/month incremental. (3) Extend weekend late-night hours to capture Royal Oak bar crowd. (4) Pursue catering and delivery contracts with Corewell hospital campus steps away — thousands of shift workers, untapped institutional opportunity.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,100
Rent
$3,400.00 per month
About the Sale
Seller Motivation
Owner has obligations to other businesses — not hands-on
Transition Support
Seller will provide transition support and training to qualified buyer. Existing staff in place. Seller to facilitate handover of operations and vendor relationships.
Financing Options
Land contract available with agreeable terms and conditions. Business only — leased s
Listing Info
ID
2508584
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Business Listed by: John Gjokaj Metropolitan Property Group

Listing ID: 2508584 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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