For Sale
$140,000

38944 Dequindre Rd Sterling Heights, MI 48310

Established eatery, high-traffic plaza, strong revenue.

Overview

Added:
Dec 11, 2024
Days on market:
137
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

FAQs

What type of property is this?
Lifestyle center - Established eatery, high-traffic plaza, strong revenue.
Where is the lifestyle center located?
The property is located at 38944 Dequindre Rd Sterling Heights, MI.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
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38944 Dequindre Rd
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