File Number-#0591 | Location-Suburban Wayne County, MI. | Gross Sales-$450,000 | Cash Flow-TBD | Business Price-$175,000 | Down Payment-$99,000 | Monthly Payment-$1,541.01 | Interest Rate/Amortization-8% int., amortized over 60 months | License Required-Sales, Food | Inventory Value-$5,000 | Employees Full Time-4 | Date Established-1992 | Hours of Operation-Mon-Sat 7am-9pm / Sun 7am-3pm | Rent-$3,000 Gross | Lease Period-New Lease Required | Reason for Sale-Retiring
This is a great opportunity to own a nice, free standing Coney Island Restaurant in Suburban Wayne County. Established in 1992, this 53-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 runs the business semi-absentee and 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! Restaurant can be bought w/wo Property! 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!!