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38944 Dequindre Rd Sterling Heights, MI 48310

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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

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Listing Contact
Moe Antar

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

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sterling Heights
County
Macomb
State
Michigan
Longitude
-83.088472
Latitude
42.577669

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).
More about this property
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