Independent Pizzeria In Oakland County Rochester Hills, MI 48307
- Retail properties
- 1,052 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Independent Pizzeria In Oakland County
- Year built
- 2023
- Property size
- 1,052 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving independent pizzeria in Rochester Hills, Oakland County, Michigan presents a fantastic opportunity for a new owner. Located in a corner plaza, this 1,052-square-foot restaurant boasts a strong customer base and a simple, yet delicious menu. The current owner is relocating, making this a turnkey operation ready for immediate success. The asking price is $99,999, and the business includes high-quality equipment such as a Chef AAA Double Door Upright Freezer (one year old), a Bakers Pride Double Stack Oven, a new compressor for the 10x9 walk-in cooler, and a new tankless water heater. The current lease is a Triple Net Lease (NNN) with four years remaining, plus a five-year option. Monthly rent is $1,778. The business currently employs four part-time and four full-time employees. Inventory is not included in the asking price. Opportunities for growth include extending operating hours and increased local marketing. The seller is willing to provide training to ensure a smooth transition for the new owner. Financing options include cash or bank financing. This is an exceptional chance to acquire a well-established business with significant upside potential in a desirable location. The property address is in Rochester Hills, MI, zip code 48307.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Rochester Hills
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1327
- Latitude
- 42.6679