Established Restaurant Business
For Sale
Contact for pricing
38944 Dequindre Rd, Sterling Heights, MI 48310
Thriving restaurant in high-traffic plaza with loyal customer base.
Property SizeContact for details
Days on Market778
Property Features for 38944 Dequindre Rd
General Information
Standard status
Active
Class
A
Property subtype
Business for Sale, Retail
Building Details
Units
1
Listing Agency:
Realtors of Michigan LLC
Listed By:
Moe Antar · License #MI
Source:
Crexi
Added: Sep 2, 2024
Changed: Oct 7
Last Checked: Oct 19 at 6:21AM
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 Realtors of Michigan LLC
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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).
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Bank of America
Shops & Services
11,105 visits/mo
0.1 miles
Demographics for 48310, MI
43,709
Population
15,399
Households
2.8
Avg Household Size
41
Median Age
28%
College-Educated
83%
High-School Grad
8.8 sq mi
ZIP Area
4,967
Density / Sq Mi
$77,851
Median Household Income
$35,457
Median Earnings
$1,368
Median Rent
$263,100
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
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 $60,000.
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).
