Coney Island Restaurant (Bus & RE)

Reference Code 0680

This is a great opportunity to own a well-established, free standing Coney Island Restaurant in the Suburban Wayne County. Established in 2016, this 69-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 and lunch! Great menu! Current owner runs the business with limited hours and does no advertising…a new owner/operator with some creative advertising/marketing along with extending the hours to include dinner, adding daily specials, catering/deliveries, beer/wine license, outdoor patio, corporate accounts and a website, you have HUGE potential. Great location with plenty of growth opportunities! This is sold as a package deal including business and property together! Perfect for a husband/wife team or a starter restaurant. A must see/must have business that will not disappoint! Seller will entertain all reasonable offers and offering Land Contract terms!!

Business Location Suburban Wayne County, MI
Gross Sales $240,000 Cash Flow $60,000 Business Price $299,000 (Bus & RE) Down Payment $125,000 Monthly Payment $2,111.10 Interest Rate / Amortization 8% int., amortized over 120 months License Required Sales, Food Inventory Value $5,000 Employees Full Time 4 (Family) Date Established 2016 Hours of Operation 7 Days / 7am-3pm Real Estate Included in Business Price Reason for Sale Retirement


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