Coney Island Grille

Reference Code 0352

This is a great opportunity to own a unique one-of-a-kind, upscale Coney Island Grille in suburban Wayne County. Located on a highly traveled road, this free-standing restaurant is surrounded by plenty of residential and commercial properties. Established since the 1990’s, this recently remodeled restaurant shows absolutely beautiful with a center island bar area that is not being utilized, indoor fireplace along with a state-of-the-art outdoor patio fireplace. Beautiful dining area consists of warm contemporary atmosphere with industrial accents that seats 100 indoors and 50 outdoor patio. Owner recently installed a “Neapolitan Style” gas pizza oven from Italy costing over $45,000! To duplicate this restaurant will cost you 3 times the asking price! Menu consists of Breakfast, Lunch and Dinner! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding a liquor license to operate existing bar, adding weekly entertainment, extend the hours and adding a drive-thru, you have HUGE potential. This is a complete turn-key restaurant that will not disappoint! Seller will help train and entertain all reasonable offers! A must see/must have business that will not last long!

Business Location Suburban Wayne County, MI
Gross Sales $500,000+ Cash Flow TBD Business Price $125,000 Down Payment $60,000 Monthly Payment $1,317.97 Interest Rate / Amortization 8% int., amortized 60 months License Required Sales, Food Inventory Value $15,000 Employees Full Time 3 Employees Part Time 6 Date Established 1990's Hours of Operation M-Sat 7am-9pm / Sun 7am-8pm Rent $5,500 Gross Lease Period 5/2022 Reason for Sale Partnership Conflict


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