Business For Sale

Coney Island Restaurant / Oakland County!

Commerce, MI
Oakland County


Asking Price: Annual Revenue:
$125,000 $330,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Coney Island Restaurant / Oakland County! Broker: Armen Nazarian
Owner Financing is Available!
$125,000 with $60,000 down, 8% interest, amortized over 60 months.

Quick Facts

Asking Price: $125,000
Annual Revenue: $330,000
Net Profit: Not Disclosed
Cash Flow: $70,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 7
BBN Listing #: 337552001
Broker Reference #: 0175

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Business Overview:

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! Contact Armen Nazarian or email us.

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Property Features and Assets:

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.

Reason for Selling:

Opening another restaurant.

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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