Listed by New Michigan Realty
$129,999
2960 S Rochester Road
Details
APN 1527478004
Property Type Business for Sale, Retail
Sub Type Business Only, Storefront
Square Footage 16,283
NOI $999
Year Built 1979
Acreage 0.120
Business for Sale | 16,283 SqFt
Marketing description
Established Papa Romano's Pizza franchise opportunity in Rochester Hills, Michigan, offering a turnkey operation in a prime commercial location. This 1,800 square foot restaurant is strategically positioned within a high-traffic Main Street plaza, benefiting from excellent visibility and consistent foot traffic patterns.
Key Investment Highlights:
- Established franchise operation with proven business model
- Prime 1,800 sq ft location in desirable Rochester Hills market
- Competitive lease terms at $3,829 monthly rent
- High-visibility storefront in busy Main Street plaza
- Flexible ownership structure - maintain franchise or convert to independent operation
- Turnkey operation ready for immediate transition
Location Advantages:
The restaurant occupies a strategic position in Rochester Hills' commercial corridor, providing access to both local residential customers and commuter traffic. The Main Street plaza location ensures consistent visibility and accessibility for dine-in, takeout, and delivery services.
Operational Overview:
This established pizza restaurant operates under the Papa Romano's franchise system, providing access to proven recipes, operational procedures, and brand recognition. The current setup includes full kitchen facilities, dining area, and all necessary equipment for immediate operation.
Financial Structure:
Asking price of $130,000 represents an opportunity to acquire an operational restaurant business with established systems and customer base. The favorable lease terms provide operational stability and cost predictability for new ownership.
This opportunity suits investors seeking an established food service business in a proven market with flexible operational options and strong location fundamentals.
Listing Contacts
Listed by New Michigan Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$999.00
$83.25/mo
Valuation Metrics
0
DSCR
0.77%
Cap Rate
0.77%
ROI
Map
Zoning
B3 CommercialGeneral CommercialShopping Center Business
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