Share This Listing

Message

930 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

RED ROOSTER Pizza, Bar and Fun 51390 Willis Rd 2,480 SF Retail Building Belleville, MI 48111 $697,960 CAD ($281.44 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • HUGE NUMBERS
  • $2,000,000 2024 Pizza and Food
  • WELL ESTABLISHED SINCE 1979

EXECUTIVE SUMMARY

Real estate is priced at $500,000 and Business is priced at $400,000 It’s the Red Rooster offering the Best Pizza in town with great food and large Bar that makes this the place to go. 2024 Pizza Sales are Over $2,000,000. A Highest volume Pizza operation for inside dining or delivery and long established since 1979, it offers the highest quality food and special drinks. Business and Real Estate Purchase. OWNER FINANCING $160,000 down payment 12 years at 6.5 % interest for the business with acceptable financials. Building lease $3,000 triple net, 5 year lease with option to purchase.
Includes liquor license, lottery and goodwill. One super busy business location waiting for the new owner. Do NOT contact employees with showings by appointment ONLY with bank letter or approval. No information disclosed without a confidentiality statement signed.

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $6,772 $2.73
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Taxes (CAD)
Annual $6,772
Annual Per SF $2.73
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $6,772
Annual Per SF $2.73

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
2,480 SF
Year Built/Renovated
1961/2004
Price
$697,960 CAD
Price Per SF
$281.44 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.56 AC
Zoning
Commercial - Commercial Zoning
Parking
34 Spaces (13.71 Spaces per 1,000 SF Leased)
Frontage
164’ on Willis

AMENITIES

  • Corner Lot
  • Signage
  • Air Conditioning
  • Listing ID: 31596281

  • Date on Market: 2024-04-24

  • Last Updated:

  • Address: 51390 Willis Rd, Belleville, MI 48111

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}