Restaurant Opportunity
Shalimar Restaurant
PROPERTY TYPE: business for sale
Sale or lease: sale
leased SPACE: 5,003 SF
Price: $1,000,000
Shalimar Restaurant, located at 307 S. Main Street in downtown Ann Arbor, is a well-established Indian dining establishment, known for its North Indian, Tandoori, and Mughlai cuisines. Positioned along Ann Arbor's premier restaurant corridor, the business benefits from exceptional exposure to University of Michigan students and faculty, downtown office workers, residents, tourists, and events. The location benefits from steady, year-round demand driven by local nightlife, major sporting events, graduation ceremonies, conferences, and the renowned Ann Arbor Art Fair—creating a diverse and dependable customer base.
The restaurant features a full kitchen with two (2) hoods, walk-in cooler, versatile layout that supports both daily operations and private events. A dedicated lower-level event space with a full bar provides additional revenue opportunities through group dining, private parties, and special events. An on-site elevator ensures accessibility for all guests.
With an established brand, loyal customer base, high-traffic location, and proven restaurant history, Shalimar offers investors or restaurant operators rare opportunity to acquire a stabilized, income-producing restaurant in Ann Arbor’s most desirable restaurant location. The name already attracts seasoned locals and frequent visitors as it's an Ann Arbor staple from over 10 years of successful operation.
