Greek Restaurant

File# C2452
Location: Metropolitan Detroit area
Business Price: $640,000
Down Payment: $450,000
Monthly Payment:$2,775.63
Interest Rate: 6%
Amortization Period:84 months
Gross Sales: $1,934,620
Source: 2017 Tax Return
Cash Flow: TBD
Source:
Inventory: $32,000
Days Open: 7 days
Business Hours: 11am-10pm
Seats: 200
Parking: ample
Licences Required:Sales Tax, Sev-Safe
Year Established:1997
Year Acquired: 1997
Monthly Rent:$7,500 NNN

Profile:

This is a great opportunity to own a very well established, Greek restaurant with liquor in a very upscale area of southeast Michigan. This restaurant is currently run absentee ownership with a great sales history . With a new owner /operator working the restaurant and expanding on a new catering menu and creative marketing program, sales can be increased dramatically and costs can be reduced . The restaurant has real authentic Greek food that tastes great. Don’t miss out on this opportunity to own this exclusive restaurant. Call today to schedule a tour and purchase this great business opportunity.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.