For Sale
$300,000

Sushi/Japanese Restaurant Northville, MI 48167

Established Sushi Business, High Sales, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
132
This thriving sushi restaurant in Novi, Michigan, presents a fantastic investment opportunity. Currently generating $800,000 in annual sales, this established business is located in Oakland County, within a 4,500 square foot leased space. The asking price is $300,000. The property is classified as Class C. The current lease includes heat, cooling, and common area maintenance (CAM) charges at a monthly rate of $8,000. The lease expiration date is not available. The sale includes a Class C liquor license, a significant asset for continued operation. The current owner is retiring, creating an exceptional opportunity for a new owner to step in and potentially increase sales given the absentee ownership model. The restaurant is situated in Novi, MI, zip code 48167, offering convenient access to a strong customer base. This turnkey operation is ready for a new owner to take the reins and continue its success. Financial records are available upon request to qualified buyers. Serious inquiries only.

Highlights

  • Novi, MI location.
  • Leased 4,500 SF restaurant space.
  • $300,000 asking price; $800,000 annual sales.
  • Lease expiration date unavailable; includes Class C liquor license.

Property Details for 0 Sushi/Japanese Restaurant

Property type
Commercial real estate
Square Feet
4,500 SF
Class
C

Location Insight

City
Northville
County
Oakland
State
Michigan
Latitude
42.4312595
Longitude
-83.483215

FAQs

What type of property is this?
Commercial real estate - Established Sushi Business, High Sales, Great Location
Where is the commercial real estate located?
The property is located at Sushi/Japanese Restaurant Northville, MI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Novi, MI location.; Leased 4,500 SF restaurant space.; $300,000 asking price; $800,000 annual sales.
How can I contact the broker?
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