Price Reduction! $1,850,000. This restaurant has been serving up delicious food since the 90’s, and has a long history in the community. This place is a staple. Charm. Quality Food. Exceptional service. Lunch or Dinner! Hosting a banquet? Corporate meeting? Birthday dinner for 4 to 40? Small weddings? This restaurant can handle them all. 25 years of experience ensures your event comes off perfectly.
There is currently a 10 year lease with options. The roof and exterior maintenance are included in the rent. $6,500 per month Gross (taxes and insurance included) covers a 10,000 sq ft restaurant and banquet room with a 4,000 sq ft heated and sprinkled patio. It seats 350 indoors and 120 outdoors. Priced at $2,100,000.00. A recent appraisal of the business showed a value of $2,250,000 with adjusted net income of $750,000.
The kitchen has a 27 foot hood with great equipment and multiple walk-ins to handle the cooking. Basement storage. Patio is sprinkled and heated. Class C liquor license is included in the deal. Huge on site parking lot.
- Building Size: 10,000
- Patio Size: 2,000
- Seating: 350 inside and 129 on patio
- MLCC: Class C
- Rent: $6,500 per month
- Price: $1,850,000
- For Sale: For Sale
- Parking: Private Parking on site
- Sales Volume: Greater than $2 million
- Capacity : 350
- Basement: Full Basement
- Phone Number: 248-866-4855
Gross lease at $6,500 per month. Nine years plus options still on the books
Cash, SBA Loan or other terms acceptable to Seller
10,000 sq ft with additional 2,000 sq ft outdoor patio