File Number-#0791 | Location-Oakland County, MI | Gross Sales-$585,673 | Cash Flow-TBD | Business Price-$299,000 | Down Payment-$140,000 | Monthly Payment-$3,223.95 | Interest Rate/Amortization-8% int., amortized over 60 months | License Required-Food, Sales, Class C | Inventory Value-$4,500 | Employees Full Time-4 | Employees Part Time-10 | Date Established-2017 | Hours of Operation-Mon-Fri 8am-2pm / Sat-Sun 8am-2:30pm | Rent-$6,500 Gross | Lease Period-New Lease Required | Reason for Sale-Downsizing Portfolio
This is a great opportunity to own a well-established Brunch Restaurant in an affluent Downtown area of Oakland County, MI. Established in 2017, this 4,500 sq. ft. plaza restaurant is in a very busy Downtown area, surrounded by heavy foot traffic, thriving retail, and a dense residential and commercial community. The restaurant features a Class C liquor license, outdoor patio, and a great brunch menu that includes Eggs Benedict, Omelets, Chicken and Waffles, Soups, Salads, Sandwiches, and much more. Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding dinner hours, private event bookings, an active social media presence, Happy Hour, joining the Chamber of Commerce, and promoting alcohol sales you have HUGE potential to the already solid gross sales. A must see/must have business that will not last long! Turn-key operation! Seller will train!
