Coney Restaurant

Reference Code 0175

This is a great opportunity to own a beautiful Coney Island Restaurant in Oakland County.  Established in the 1995, this 78-seater restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas.  All equipment is in excellent condition and maintained regularly.  Restaurant serves breakfast, lunch and dinner!  Great menu! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with extending the hours, adding catering/deliveries, corporate accounts and a website, you have HUGE potential.  Great location with plenty of growth opportunities!  Perfect for a husband/wife team or a starter restaurant. A must see/must have business that will not disappoint!  Nice Cashflow! Seller will entertain all reasonable offers!!

 

Business Location Oakland County, MI
Gross Sales $330,000 Cash Flow $70,000 Business Price $125,000 Down Payment $60,000 Monthly Payment $1,317.97 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales / Food Inventory Value $5,000 Employees Full Time 3 Employees Part Time 4 Date Established 1995 Hours of Operation 7 days Mon 7am-3pm Tues-Fri 7am-7pm Sat 7am-3pm Sun 8am-3pm Rent $3,300 Gross (includes water) Lease Period New lease Required Reason for Sale Opening another restaurant


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