Fully Equipped Korean
For Sale
Contact for pricing
39743 Grand River Avenue, Novi, MI 48375
Fully equipped Korean restaurant for sale with an on-premise liquor license included in Oakland County.
Property Size2,600 SF
Days on Market121
Property Features for 39743 Grand River Avenue
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Retail, Business for Sale
Additional Details
Business Included
Yes
Liquor License
Yes
Listing Agency:
Keller Williams Paint Creek
Listed By:
Yoon Noh · License #6501422195
(248) 649-7200
Source:
Crexi
Added: May 11
Changed: Jul 21
Last Checked: Sep 8 at 8:27AM
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 Keller Williams Paint Creek
Investment Insights
Based on property information with market context.
This fully equipped Korean restaurant is offered for sale, including an on-premise liquor license in Oakland County. The operation is described as established and “ready for transition,” with the owner-chef providing training to support a smooth handoff. The business is also characterized by low overhead, with rent noted as 7.5% of gross sales in the provided materials.
The property is located at 39743 Grand River Avenue in Novi, Michigan, with visibility on Grand River Avenue and ample parking noted. The seller also states gross revenue of $740,000 and a loyal local following.
As presented, this is a straightforward opportunity suited to an owner-operator or family team, with franchise fees specifically noted as none. No further property or tenant details are provided in the supplied information.
The property is located at 39743 Grand River Avenue in Novi, Michigan, with visibility on Grand River Avenue and ample parking noted. The seller also states gross revenue of $740,000 and a loyal local following.
As presented, this is a straightforward opportunity suited to an owner-operator or family team, with franchise fees specifically noted as none. No further property or tenant details are provided in the supplied information.
Key Highlights
- Fully equipped Korean restaurant with an on‑premise liquor license included in Oakland County
- $740,000 in gross revenue reported
- Owner‑chef training provided for a smooth transition
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
882
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Grainger
Home Improvements & Furnishings
1,931 visits/mo
0.5 miles
Demographics for 48375, MI
23,237
Population
10,223
Households
2.3
Avg Household Size
40
Median Age
63%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,766
Density / Sq Mi
$112,978
Median Household Income
$70,326
Median Earnings
$1,880
Median Rent
$348,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped Korean restaurant for sale with an on-premise liquor license included in Oakland County.
Where is this conventional restaurant located?
The property is located at 39743 Grand River Avenue Novi, MI.
What are key features of this property?
This property features: Fully equipped Korean restaurant with an on‑premise liquor license included in Oakland County; $740,000 in gross revenue reported; Owner‑chef training provided for a smooth transition
