0 Turn-Key Deli In Oakland County, Auburn Hills, MI 48326
This thriving 3,288 square-foot deli, built in 2020, is located in a bustling Oakland County plaza near offices and industrial businesses in Auburn Hills, MI (zip code 48326). Currently offering a diverse menu of sandwiches, salads, soups, and catering services, this turnkey operation presents a fantastic opportunity for a new owner. The current owner is retiring due to health reasons and is offering seller financing with a $150,000 down payment, amortized over three years at 8% interest. The existing lease is $5,500 per month with two additional five-year options. The business currently employs two full-time and four part-time staff members. Inventory is not included in the asking price of $298,999. With minimal current marketing efforts, significant growth potential exists through targeted advertising to local businesses and social media campaigns. The seller will provide training to ensure a smooth transition for the new owner. This presents a unique opportunity to acquire a well-established business with substantial upside in a prime location. Normal competition exists in the area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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