Franchise Steakhouse Bar & Grill

Reference Code 0706

HOT ROCK COOKING IS THE NEWEST PHENOMENON IN THE CULINARY WORLD!! This is a great opportunity to own an award-winning Franchise Steakhouse in Oakland County. Established in 2013, this Steakhouse is located on a prime highly traveled road near a major mall, and plenty of residential and commercial properties with national anchors in the surrounding areas. Specializing in steaks served and cooked to perfection by the customer, on a 755-degree volcanic sizzling rock just the way they like it making it a memorable dining experience. Loyal and established customer base enjoy the warm & inviting atmosphere with a sophisticated feel! Lively bar area with a wide selection of drinks! All equipment is in great working order and serviced regularly. Menu consist of Appetizers, Fresh Salads, Burgers, Handhelds, Entrees, Steaks, Desserts and more. This is a corporate run restaurant…a new owner/operator with some creative advertising/market along offering daily specials, drinks specials, customer appreciation and joining the Chamber of Commerce, you have HUGE potential. This restaurant has so much more growth potential for the right operator and does not disappoint! A must see/must have business priced aggressively to sell! Turn-key operation only needing a new owner/operator!

Business Location Oakland County, MI

Gross Sales $2,885,819 Cash Flow TBD Business Price $479,000 Down Payment $150,000 Monthly Payment $3,882.48 Interest Rate / Amortization 8% int., amortized over 120 months License Required Sales, Food, Franchise, Class C Inventory Value $50,000 Employees Full Time 21 Employees Part Time 19 Date Established 2013 Hours of Operation 7 days / 11am-10pm Rent $16,640 Gross Lease Period 2/2034 Reason for Sale Corporate Store