Turn-Key Restaurant with Class C Liquor License
Listing Price: $174,999
- Asking Price: $174,999
- Gross Revenue: $496,697
- Rent: $1,591.35
- Established: 2019
Located in Historic West Village
A hidden gem located in historic West Village near Indian Village and Grosse Pointe. This space is a great opportunity for a new owner to take this restaurant to the next level. The current owner is looking to retire and will help transition to the new owner. The listing price includes a full kitchen, a liquor license, and favorable lease terms. There is room for expansion on the lower level, prepped for a bar, bathroom, office, and storage space. The upstairs has a nice cooking area with 22-24 seats available for dining. Weather permitting, a great outdoor patio with 28 seats are available. They are located in an excellent up-and-coming neighborhood in Wayne County.
2022 Sales $496,697 (2022 Tax Returns)
Location: Wayne County, MI
Real Estate: No
Building SF: 2000
Employees: 1FT / 4PT
Facilities: This 2,000 sq ft building has a lower level that is prepped for a future bar along with a bathroom. Great outdoor patio seating along with a Class C Liquor License and a transferable lease.
Competition: Not much competition in the area. Sales can be increased by extending hours and some local marketing.
Growth & Expansion: Adding a bar on the lower level and expanding in between the two buildings. Adding some new menu items would help attract more customers. Sales can be increased by extending hours and some local marketing.
Seller Financing Available: No
Support & Training: The seller will provide the buyer with a training period of 14 days for a minimum of 4 hours per day at no additional cost to the buyer
Reason for Selling: Retirement