Mediterranean Restaurant / Reduced Price!

Reference Code 0634

This is a great opportunity to own a Mediterranean Restaurant in Oakland County! Established in 2016, this cute, cozy restaurant is located at an extremely busy intersection surrounded by plenty of residential and commercial properties. All equipment is in “like new” condition and maintained regularly. Menu consists of a variety of delicious Mediterranean dishes including Falafel, Grape Leaves, Tabbouleh, Shawarmas, and much more! This restaurant also has a great catering menu and is highly recommended for catering events. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with opening on Sunday, expanding the hours of operation, Franchise or Licensing opportunities, you have HUGE potential. The unit next door is currently for lease and could be rented if buyer would like to expand the dining area. Perfect for a husband/wife team or first-time restaurant owner. This business does not disappoint and easy to operate. Turnkey operation only needing a new owner/operator! A must see/must have business! Seller will train.

Business Location Oakland County, MI

Gross Sales $223,047 Cash Flow $48,403 Business Price $100,000 Down Payment $40,000 Monthly Payment $1,216.58 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales, Food Inventory Value $6,000 Employees Full Time 1 Owner Employees Part Time 3 Date Established 2016 Hours of Operation Mon-Fri 11am-7pm / Sat 1pm-7pm Rent $1,603 Gross Lease Period New Lease Required Reason for Sale Retirement