Successful 24 year old Family Owned Italian Restaurant for Sale! - Business for Sale
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Italian Restaurant in West Bloomfield Township, MI
West Bloomfield Township, MI, US
Added 3 months ago
Italian Restaurant
25 years in business
Family-owned Italian restaurant offering dine-in, carryout, and catering services, located in West Bloomfield Township, Michigan, with 25 years of operation.
Key Information
Asking
$230K
Revenue
$386K
Earnings
$171K
Multiple
1.3x
Key Highlights
- Business has been established for 25 years
- Located in West Bloomfield Township, MI
- Restaurant occupies a strip center location with over 20 years at the same site
- Complete high-end buildout was completed in 2020
- Lease has five years remaining with low rent and favorable terms
- Most sales are from carryout orders; limited hours of operation (closed Mondays, major holidays, and two weeks annually)
- SBA financing is pre-approved for the full purchase price with as little as 10% down
Contact Info
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