Middle Eastern Restaurant w/ Class C Liquor License

Reference Code 0501

This is a great opportunity to own an established Middle Eastern Restaurant in Oakland County! Established 1999, this free standing, dine-in restaurant with Class C liquor license is located at an extremely busy intersection surrounded by plenty of residential and commercial properties. All equipment is in excellent condition and regularly serviced and maintained. Full menu/great food! Restaurant has seating for 120 plus a beautiful banquet room capable of seating 125 with separate bar for all occasions. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding & promoting catering/deliveries, daily specials, opening on Sundays and extending the hours, you have HUGE potential. This restaurant shows beautifully and to duplicate will cost more than 2.5 times the asking price! Buyer can purchase the business w/wo the property. This is a turn-key operation only needing a new owner/operator and will not disappoint. Owner will train new buyer! A must see/must have business that will not last long!

Business Location Oakland County, MI

Gross Sales $600,000 Cash Flow $100,000+ Business Price $275,000 Down Payment $150,000 Monthly Payment $2,534.55 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales, Food, Class C Inventory Value $10,000 Employees Full Time 4 Employees Part Time 3 Date Established 1999 Hours of Operation Mon-Sat 11am-8pm Rent Negotiable Lease Period New Lease Required Real Estate $850,000 / Negotiable Terms Reason for Sale Other Business Interest