Courtesy: Empire Realty Group
Hassan Zein
***BUSINESS OPPORTUNITY*** Seize the opportunity to own a thriving Middle Eastern restaurant in Novi's bustling new construction plaza. This well-established eatery has been operating successfully for 9 years, enjoying excellent visibility and accessibility in a high-traffic area. With a loyal customer base and a reputation for delicious, authentic cuisine, it's a local favorite. The restaurant features a fully equipped kitchen, a stylish dining area, and all necessary fixtures for a turnkey operation. Consistently doing great numbers, this business presents a lucrative investment. For more details and to arrange a private viewing, contact LA.
Great opportunity to step into a turn-key business, space has been totally remodeled and was previously a donut/coffee and tea shop. All equipment is included; the buildout is beautiful and perfect for another similar business. The current lease goes to 12/2028. This is prime location in Novi, very close to 12 oaks mall, freeways, and more. Possible owners financing available, schedule your showing today BATVAI
Business Overview This is a turnkey, fully equipped Korean restaurant in Novi, MI. The business has been operating successfully for years with a loyal local customer base and strong repeat business. The current owner works full-time in the kitchen as the head chef, preparing all dishes fresh daily. Key Highlights Financials: Gross Revenue: $740K SDE / Cash Flow: $38,000 Total Operating Expenses: $432k(includes rent, wages, utilities, etc.) SDE: The $38,000 Alcohol License: Excluded *** Why This Business Stands Out *** Prime location on Grand River Ave. with excellent visibility and parking Low rent burden relative to sales (only 7.5%) Fully equipped kitchen with all necessary hoods, grills, and equipment Simple, proven menu focused on authentic Korean cuisine Owner is willing to provide training and transition support *** Ideal Buyer *** Experienced restaurant operator or chef who wants to step into a ready-to-run business Family team looking for a profitable owner-operator opportunity Someone who can maintain or grow the current revenue with strong cost control This is a legitimate, straightforward business with clean books and no complicated franchises or royalties. The numbers are real and straight from the corporate tax return (Form 1120). Serious buyers only - proof of funds required.Asking Price: $150,000 (includes all equipment)
Great location in the city of Novi in a large strip center. The business assets are for sale at the price indicated. Cash sale or negotiable terms with good down payment. Long term lease available. Thirty six seats. Fifteen hundred square feet. The license can be moved anywhere in Oakland county. The Class "C" Liquor License is for sale at a separate price. Please do not approach employees for information. Please call listing Broker for appointment Joseph A. Nahra.
Courtesy: Joseph A Nahra
Joseph Nahra
248-515-9480
Great location in the city of Novi in a large strip center. The business assets are for sale at the price indicated. Cash sale or negotiable terms with good down payment. Long term lease available. Thirty six seats. Fifteen hundred square feet. The license can be moved anywhere in Oakland county. The Class "C" Liquor License is for sale at a separate price. Please do not approach employees for information. Please call listing Broker for appointment Joseph A. Nahra.
Novi is located in Michigan. Novi, Michigan has a population of 65,369. Novi is more family-centric than the surrounding county with 43.44% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Novi, Michigan is $100,311. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Novi is 39.8 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 32.5 inches per year, with 41.9 inches of snow per year.
