Seafood Restaurant

Reference Code 0626

This is a great opportunity to own a new, Seafood Restaurant in Oakland County. Established 3/2024, this restaurant is located on a highly traveled road situated between 4 major cities and one of the busiest business districts of Oakland County. All equipment is in “like-new” condition and maintained regularly. Great Seafood Menu! This 2,300 sq. ft. restaurant seats 80 inside & 20 on the outside patio. Plenty of residential and commercial properties in the surrounding areas. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding daily specials, live entertainment, opening Sundays for New Orleans Brunch, adding a bar with Class C Liquor License, adding a website, corporate catering and hosting private parties, you have HUGE potential. This restaurant cost more than $500,000 to build! No expense was spared in build out! This is a turn-key operation that needs a new owner/operator to take it to the next level and beyond. Location alone is a homerun! Seller will train and entertain all reasonable offers! A must see/must have business that will not disappoint or last long. Seller’s health forces sale!

Business Location Oakland County, MI
Gross Sales $720,000 (2024 Projections) Cash Flow TBD Business Price $375,000 Down Payment $175,000 Monthly Payment $2,426.55 Interest Rate / Amortization 8% int., amortized over 120 months, balloon due in 60 months License Required Sales, Food Inventory Value $18,000 Employees Full Time 4 Employees Part Time 6 Date Established 2024 Hours of Operation Mon-Sat 11am-9pm Rent $4,216 Gross Lease Period 8/2029 Reason for Sale Health


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