Business For Sale

Coney Island - Well Established!

Not Disclosed, MI
Wayne County


Asking Price: Annual Revenue:
$250,000 $660,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Coney Island - Well Established! Broker: Capital Business Brokerage
Owner Financing is Available!
Seller financing available with $125,000 down.

Quick Facts

Asking Price: $250,000
Annual Revenue: $660,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1985
Employees: 15
BBN Listing #: 79142679
Broker Reference #: B2471

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Business Overview:

This is a very well established Coney island style restaurant that is located in a busy shopping center in the Plymouth-Canton, Michigan area. It is run by the owner plus 4 full-time and 10-11 part-time employees. It was established in 1985 and the current owner has owned it since 2001.

The restaurant seats 98 people and is 2100 square feet. There is more than ample parking for the restaurant. According to Seller, sales were approximately $660,000 for 2017. An aggressive owner-operator could easily improve this already well performing Coney island restaurant.

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Reason for Selling:

Other interests.

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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