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Accommodation & Food Services

New Restaurant Concept / Price Reduced!

Madison Heights, MI, USA
Updated 1 day ago

This is a great opportunity to bring your own food or drink concept to a very busy intersection in Madison Heights. This restaurant is located on a highly traveled road surrounded by plenty of residential/commercial establishments, Oakland Mall, and many other major anchor tenants in the surrounding area. The current business has grown too big for this location and is relocating. All equipment has been maintained on a regular schedule and in excellent working condition! Owner will entertain all reasonable offers. A new concept could quickly thrive based on location alone! Equipment includes, 2 – 18” Stock Pot Burners, 1 – Combo 4’ burner stove and oven, 1 – 3-Compartment Sink w/ 2-Drainboards, 1 – Single Compartment Sink w/ 1 Drainboard, 1 – 3-Door Reach-in Refrigerator, 1 – 3’ Glass Door Reach in Refrigerator, 1 – 5’ Worktable w/undershelf, 2 – 3-Door Reach-in Freezers, 1 – Scotsman Ice Machine, 1 – 1 Group Espresso Machine, 1 – 5’ 2-Door Sandwich Prep Station, and All Furniture & Fixtures including 5 – LED TVs (3 – 55” 2 – 50”). *Name must change after Closing.

Rent

$1,500 Gross

Down Payment

$45,000

Lease Period

12/2027

Reference Code

0757

Monthly Payment

$811.06

License Required

Sales, Food

Interest Rate / Amortization

8% int., amortized over 60 months

Reason for Selling

Current Business is Relocation

Financials

Asking Price
$85K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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