38944 Dequindre Rd Sterling Heights, MI 48310
Thriving restaurant in high-traffic plaza with loyal customer base.
Type:Business for Sale, Retail
- Added:
- Sep 2, 2024
- Days on Market:
- 596
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 38944 Dequindre Rd
General Information
- Standard status
- Active
- Property subtype
- Business for Sale, Retail
Listing agent Moe Antar License #MI
Listing office Realtors of Michigan LLC
Listing date Sep 2, 2024
Source Crexi
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 Realtors of Michigan LLC
Overview
Established Restaurant Business Opportunity
This is an opportunity to own a restaurant specializing in traditional cuisine, located in a high-traffic plaza. The business has been operating successfully and has earned excellent reviews from loyal patrons. The current lease has four years remaining. The monthly rent is $2,500. The annual gross revenue is $240,000, which is $20,000 monthly. Expenses are $15,000 monthly, including utilities. There are 4 dedicated staff members, with the option to retain them post-purchase; the current payroll is $50,000 annually. This restaurant is a turnkey operation, offering a solid foundation for a new owner to step in and continue its success.
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Sterling Heights
- County
- Macomb
- State
- Michigan
- Longitude
- -83.088472
- Latitude
- 42.577669
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Thriving restaurant in high-traffic plaza with loyal customer base.
Where is this conventional restaurant located?
The property is located at 38944 Dequindre Rd Sterling Heights, MI.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Established restaurant in a high‑traffic plaza location.; Turnkey operation with a strong customer base and excellent reviews.; Annual gross revenue of $240,000 (20k monthly).
