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Greek Restaurant

$640,000.00

This is a great opportunity to own a very well established, Greek restaurant with liquor in a very upscale area of southeast Michigan. This restaurant is currently run absentee ownership with a great sales history . With a new owner /operator working the restaurant and expanding on a new catering menu and creative marketing program, sales can be increased dramatically and costs can be reduced . The restaurant has real authentic Greek food that tastes great. Don’t miss out on this opportunity to own this exclusive restaurant. Call today to schedule a tour and purchase this great business opportunity.

  • Location : Metropolitan Detroit area
  • Down Payment Option : $450,000
  • Monthly Payment : $2,775.63
  • Financing Interest Rate : 6%
  • Financing Period : 84 months
  • Gross Sales : $1,934,620
  • Source of Financial Info : 2017 Tax Return
  • Cash Flow : TBD
  • Total Inventory : $32,000
  • Days Open : 7 days
  • Hours of Operation : 11am-10pm
  • Parking : ample
  • License Requirement : Sales Tax, Sev-Safe
  • Year Established : 1997
  • Year Acquired : 1997
  • Monthly Rent : $7,500 NNN
  • Real Estate Price : NA
  • Real Estate Purchase Terms : NA
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