Address
Mack Avenue, Grosse Pointe Woods, Wayne County, Michigan 48230
| Rent | $1,800 pcm NNN |
| Price | $125,000 |
| Building Size | 1,200 sq ft |
| Seating | 18 inside and additional on outdoor patio |
| Parking | DDA. Public street and lot parking readily available |
| Basement | N/A |
| Patio Size | 300 sq ft |
| Sales Volume | Greater than $800,000 |
| Availability | Leased |
Description
Confidential Sale – Contact Listing Broker for exact location: This store has been a money maker for 36 years. Opened in 1985 and remodeled in 2012 and 2024, many years of customers have made this their favorite location. The owner’s work with the local schools, charities and the community has resulted in a stellar reputation and strong local bonds to the surrounding community. This store represents the best in “absentee-owner” controls in place. With minimal weekly on- site contact and periodic review with the internet based camera system (which incorporates an image of the sale receipt simultaneously on screen), the new owner can continue the same method of operation or take hands on control and significantly increase the year one bottom line income. Staff in place. Sales averaged $382,500.00 per year for the last 3 years. It would cost you over $300,000.00 to open a new location today and you won’t have the sales this one already books. Established stores regularly sell for four to 6 times EBITDA. The finish levels in the front of house are great. The equipment in the back of house is first class. Take a look. You won’t regret it.
Additional Features
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Building Size: 1,200 sq. ft.
Seating: 18 inside
Rent: $1,800 per month NNN
Price: Price: $125,000 or $99,000.00. Cash, 30 days due diligence and to close.
Parking: On Street, Rear Lot and rented Side Lot

