For Sale
$140,000

38944 Dequindre RdSterling Heights, MI 48310

Established eatery, high-traffic plaza, strong revenue.

Overview

Added:
Dec 11, 2024
Days on market:
117
This Class A, 1-unit restaurant in Sterling Heights, Michigan, presents a compelling investment opportunity. Located at 38944 Dequindre Rd, 48310, in Macomb County, this established business boasts a prime location within a busy plaza. The restaurant specializes in traditional cuisine and enjoys a strong reputation, evidenced by excellent customer reviews. Financial records show an annual gross revenue of $240,000 (or $20,000 monthly) with monthly expenses totaling $15,000, including utilities. The current lease has four years remaining, with a monthly rent of $2,500. The sale includes four dedicated staff members, whose annual payroll is $50,000, and whom the new owner may choose to retain. This turnkey operation offers immediate income potential and a solid foundation for continued growth. The asking price for this exceptional business is $140,000. This is a rare chance to acquire a profitable, well-established restaurant in a high-demand area.

Highlights

  • Class A, 1-unit restaurant in Sterling Heights, MI.
  • Located at 38944 Dequindre Rd, Sterling Heights, MI 48310, in a busy plaza.
  • Established restaurant with strong customer reviews and $240,000 annual gross revenue.
  • $2,500/month rent with four years remaining on the lease.
  • Asking price: $140,000.

Property Details for 38944 Dequindre Rd

Property type
Lifestyle centers, Power centers
Class
A
Units
1

Location Insight

City
Sterling Heights
County
Macomb
State
Michigan
Latitude
42.5777723
Longitude
-83.0883626
38944 Dequindre Rd, Sterling Heights, Michigan

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38944 Dequindre Rd
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