Broasted Chicken & Seafood

Reference Code 0276

This is a great opportunity to own a well-established Broasted Chicken & Seafood Restaurant in Oakland County. Established in 1985, this 16-seat restaurant is located on a busy, high-traffic road with all equipment in “excellent” condition. Surrounded by plenty of residential and commercial properties, this business never reached its full potential due to owner operating multiple restaurants and could not devote much time to properly market the business. Menu consists of: Broasted Chicken, Fish, Seafood, Ribs, Sides, Sandwiches and more! Absentee Owned! Current owner does no advertising…a new owner/operator with some creative advertising/marketing, expanding the hours, adding deliveries/catering and have a “Grand Re-Opening”’ you have HUGE potential. This is a turn-key operation that will not disappoint. Owner will train buyer! A must see/must have business that will not last long. Great Menu! Seller will entertain all reasonable offers!!

Business Location Sterling Heights, MI
Gross Sales $320,000 Cash Flow $70,000 (Owner/Operated) Business Price $149,000 Down Payment $70,000 Monthly Payment $1,601.84 Interest Rate / Amortization 8% int., amortized over 120 months, balloon due in 60 months License Required Sales, Food Inventory Value $10,000 Employees Full Time 2 Employees Part Time 4 Date Established 1985 Hours of Operation Mon 3pm-9pm / Tue-Sat 11am-9pm / Sun 11am-8pm Rent $2,095 Gross Lease Period 2030 Reason for Sale Absentee Owner


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