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Turnkey Pizza Restaurant Franchise
For Sale
$100,000

2960 S Rochester Road, Rochester Hills, MI 48307

Turnkey Papa Romano's Pizza restaurant with full kitchen, dining area, and equipment ready for immediate transition.

Property Size16,283 SF
Price / SF$55.56
Days on Market67

Property Features for 2960 S Rochester Road

General Information

Standard status Active
Size 16,283 SF
Property subtype Business Opportunity
Zoning Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $5,132

Building Details

Building Size 16,283 SF
Year Built 1979
Stories 1
Listing Agency: New Michigan Realty, LLC
Listed By: Steven Bahoura · License #416682
Source: Carolbollo
Added: Jun 18 Changed: Aug 23 Last Checked: Aug 22 at 11:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Michigan Realty, LLC

Investment Insights

Based on property information with market context.

This established Papa Romano's Pizza franchise opportunity includes a turnkey restaurant setup with full kitchen facilities, a dining area, and the necessary equipment for immediate operation. The space is described as approximately 1,800 square feet, configured to support dine-in, takeout, and delivery service under the existing franchise system.

The restaurant is located within a high-traffic Main Street plaza in Rochester Hills, positioned for strong visibility and consistent customer access from the surrounding commercial corridor.

Ownership is described as flexible, with the option to maintain the franchise or convert to an independent operation. The current structure includes lease terms at $3,829 per month, providing cost predictability for new ownership.

Key Highlights

  • Papa Romano's Pizza franchise restaurant opportunity in Rochester Hills, MI, offered as a turnkey operation for immediate transition
  • 1,800 SF restaurant located in a high‑traffic Main Street plaza with a high‑visibility storefront
  • Full kitchen facilities, dining area, and equipment included for continued operation

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Garden Center Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

967
Businesses Nearby
727k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 28% Apparel 19% Superstores 18% Shops & Services 13%
Target Superstores
127,297 visits/mo 0.1 miles
Meijer Groceries
92,570 visits/mo 0.3 miles
Kohl's Apparel
48,955 visits/mo 0.3 miles
T.J. Maxx Apparel
43,967 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
30,427 visits/mo 0.4 miles

Demographics for 48307, MI

44,673
Population
19,493
Households
2.3
Avg Household Size
39
Median Age
58%
College-Educated
96%
High-School Grad
15.2 sq mi
ZIP Area
2,939
Density / Sq Mi
$105,118
Median Household Income
$61,528
Median Earnings
$1,499
Median Rent
$329,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey Papa Romano's Pizza restaurant with full kitchen, dining area, and equipment ready for immediate transition.
Where is this conventional restaurant located?
The property is located at 2960 S Rochester Road Rochester Hills, MI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Papa Romano's Pizza franchise restaurant opportunity in Rochester Hills, MI, offered as a turnkey operation for immediate transition; 1,800 SF restaurant located in a high‑traffic Main Street plaza with a high‑visibility storefront; Full kitchen facilities, dining area, and equipment included for continued operation
More about this property
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