Coney Island Grille

Not Disclosed, MI
Wayne County


Asking Price: Annual Revenue:
$225,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Coney Island Grille Broker: Armen Nazarian
Owner Financing is Available!
$225,000 with $85,000 down, 8% interest, amortized over 60 months.

Quick Facts

Asking Price: $225,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 9
BBN Listing #: 108552001
Broker Reference #: 0352

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Business Overview:

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! Contact Armen Nazarian

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Property Features and Assets:

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.

Reason for Selling:

Partnership Conflict.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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