15
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$129,999
Est. payment /mo
5,227 Sqft Lot
New
2960 S Rochester RD Rochester Hills, MI 48307
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Hampton Corners Condo Occpn 1979
MLS Listing ID 20261046203
Year Built 1979
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Business
Property 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.
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.
Location
State MI
County Oakland
Area Area02151Rochesterhills
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
View Y/N No
Garage false
Building
Sewer Public Sewer
Water Public, SeparateMeters
New Construction No
Schools
School District Rochester
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Steven Bahoura of New Michigan Realty, LLC
NEARBY SCHOOL & BUSINESS
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