Coney Island Restaurant
Not Disclosed, MI Wayne County
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- RE: Coney Island Restaurant
- Contact: Armen Nazarian
Quick Facts
| Asking Price: | $299,000 | |
| Annual Revenue: | $240,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $60,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 4 | |
| BBN Listing #: | 985335 | |
| Broker Reference #: | 0680 |
Business Overview:
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!! Call Armen Nazarian Business Brokers
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Property Features and Assets:
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!
Market Competition and Expansion:
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.
Reason for Selling:
RetireAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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