Restaurant Business for Sale in Eastpointe

Business Opportunity for Sale
Catylist Listing ID: 30819239
Property Subtypes: Food and Beverage
Building Size (RSF): 5,560 SF
Sale Price: $160,000
Year Business Established: 2022
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to seller, trade name not included
Last Updated: 12/8/2022

Overview / Comments

Newly built out restaurant for sale along well travelled Gratiot Ave in Eastpointe. Great location, right on the corner of Gratiot and 10 Mile! Currently Cajun Seafood, but can easily be transitioned into an alternate concept.

All FF&E is only a year old and is included in the sale.

Current trade name may not be transferred to new ownership. Potential to assign current lease.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Industry Segment: Restaurants
Reason for Selling: contact agent
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Current lease expires January 31, 2026; one 5 year renewal option

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,952 186,304 408,516
Median Age: 36.83 37.92 37.88
Households: 10,670 73,755 160,371

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