1715 N Telegraph Rd
Waterford, MI 48328
Retail Property For Sale
Investment Highlights
- Class C Liquor License
- Large recently maintained parking lot
- All recipes are included
- Operating restaurant with 50 year history.
- Great signage with digital panel
- Name and recipes are copyrighted. You will receive copyright as part of purchase.
Property Facts
Amenities
- Pylon Sign
- Monument Signage
About 1715 N TELEGRAPH RD , WATERFORD, MI 48328
Confidential Sale. Please do not approach employees. Fifty years of serving the best Mexican food in Michigan came to an end last June with the passing of Carmen Martinez. She brought her family recipes from Mexico and she and her late husband Trinidad are probably single handedly responsible for making the Margarita popular in metro Detroit. The recipes and restaurant are ready for a new owner. Purchase the land, building and business for $1,500,000. The land and building alone appraised for $1,300,000 in June, 2019. Annual restaurant sales are in excess of $1,700,000. The site is located on the corner of Telegraph and Dixie Highway with a fabulous monument sign overlooking both streets. A digital secondary sign allows you to display today’s features. You are buying a strong brand ready for additional locations. As part of the sale, you will receive the trademark and copyright for the name and intellectual property so you will really be ready to open more locations. Come take a look. You won’t be disappointed.
Property Taxes
| Parcel Number | 13-13-401-010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $386,100 |
Property Taxes
