USAMINovi39743 Grand River Ave
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39743 Grand River Ave, Novi, MI

House

For Sale

Listed price in listed location currency (USD).
$300,000

000

MLS® 20261026911

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Business Opportunity
Size 24000 sqft
Garage 
Taxes 
Days Active 1
Lot Size 
Approx. Age 1986
Avg. Price Per Sqft $12
MLS® Number 20261026911

Property Address: 39743 Grand River Ave, Novi, MI, 48375-2107

Average square foot calculated using Size range provided by listing agent.

Description

Business Overview This is a turnkey, fully equipped Korean restaurant in Novi, MI. The business has been operating successfully for years with a loyal local customer base and strong repeat business. The current owner works full-time in the kitchen as the head chef, preparing all dishes fresh daily. Key Highlights Financials: Gross Revenue: $740K SDE / Cash Flow: $38, 000 Total Operating Expenses: $432k(includes rent, wages, utilities, etc.) SDE: The $38, 000 Alcohol License: Full on-premise liquor license is included in the sale (very valuable in Oakland County). *** Why This Business Stands Out *** Prime location on Grand River Ave. with excellent visibility and parking Low rent burden relative to sales (only 7.5%) Fully equipped kitchen with all necessary hoods, grills, and equipment Simple, proven menu focused on authentic Korean cuisine Owner is willing to provide training and transition support *** Ideal Buyer *** Experienced restaurant operator or chef who wants to step into a ready-to-run business Family team looking for a profitable owner-operator opportunity Someone who can maintain or grow the current revenue with strong cost control This is a legitimate, straightforward business with clean books and no complicated franchises or royalties. The numbers are real and straight from the corporate tax return (Form 1120). Serious buyers only — proof of funds required.Asking Price: $300, 000 (includes all equipment, inventory, and alcohol license)
MLS® Number20261026911
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1986
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 21, 2026List Date
$300,000List Price
  • Commute

Commute

Starting Address
Destination Address
39743 Grand River Ave, Novi, MI

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