Breakfast & Lunch Restaurant / University Campus!

Reference Code 0691

This is a great opportunity to own a beautiful Breakfast/Lunch Restaurant on College Campus in Washtenaw County. Established in the 2014, this recently remodeled bistro style, 78-seater restaurant is located right in the heart of a major university surrounded by plenty of campuses, shops, restaurants and student housing. All equipment is in excellent condition and maintained regularly. Restaurant serves breakfast and lunch, shows beautifully and closes at 3pm! Great menu, short hours! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with extending the hours for dinner, adding catering/deliveries, Bistro License and corporate accounts, you have HUGE potential. Great location with plenty of growth opportunities! Full basement below restaurant for storage! Perfect for a husband/wife team or a starter restaurant. A must see/must have business that will not disappoint! Nice Cashflow! Seller will entertain all reasonable offers!!

Business Location Washtenaw County, MI

Gross Sales $555,908 Cash Flow $131,310 Business Price $499,000 Down Payment $175,000 Monthly Payment $3,931.01 Interest Rate / Amortization 8% int., amortized over 120 months License Required Sales, Food Inventory Value $7,000 Employees Full Time 8 Employees Part Time 4 Date Established 2014 Hours of Operation 7 Days / 8am-3pm Rent $7,157.50 NNN Lease Period 1/2029 Reason for Sale Opening Different Concept Restaurant