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Clinton Township, Macomb, MI

  • Listing Number: 217-21913

    Category: Food - Restaurant

Asking Price $125,000
Down Payment $60,000
Gross Revenue $300,347
Total Adjusted Net Income $94,731
Equipment / Fixtures $35,000
Year Established 2020
General Location Clinton Township, Macomb, MI
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This is a Vietnamese restaurant in Clinton Township, MI. It was a Chinese restaurant before the current owner took over. Besides Vietnamese food, it also has Chinese, Korean and Thai food. It is located in a busy shopping center with good visibility. It serves appetizers, rice, noodles, burgers, sandwiches, smoothies, tea and more.

The restaurant has good potential. It is spacious with low rent. It has 64 seats currently. The owner advertises mostly on Facebook. It has a good reputation, with 4.5-4.9 stars on various websites. The website, telephone number, social media pages are all included in the price. It operates 6 days per week and the owner takes 6 weeks vacation per year and the restaurant is closed during major holidays.

It is a turnkey business. You can start with 2 people and hire more employees to grow the business. The owner will train to help with a smooth transition. Don’t miss this opportunity.

 

Gross Revenue
$300,347
Listed Price
$125,000
Total Income
$94,731
Down Payment
$60,000
Base Rent
$2,700
Square Feet
2125
Total Rent
$2,700
Lease Expiration
02/2025
Rent Deposit
$2,675
Inventory
Not Included
Equipment / Fixtures
$35,000
Training Period
2 weeks
Reason for Selling
Relocation

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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