American grill Well-Appointed Howell, MI 48843
This thriving American grill restaurant in Howell, Michigan presents a fantastic investment opportunity. Located on a major road in the heart of Howell, this 3,500 square foot establishment boasts consistent monthly sales exceeding $60,000, even without dedicated management. The current owner is seeking a new operator due to commitments to other ventures. The business includes a full-size bar and valuable liquor licenses: a Resort C 550 license (estimated $120,000 value) and a beer & wine carry-out license (SDM). The attractive space features a beautiful outdoor patio with seating and a 97-seat interior dining area. The lease terms are not specified, and financing is cash only. This turnkey operation offers significant potential for increased profitability with effective management. The asking price is $350,000. Located in Livingston County, Michigan, zip code 48843. This is a rare chance to acquire a well-established, high-performing restaurant in a prime location.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.