Seller's Contact Information

  • RE:  Franchise Coney Island
  • Contact:  Armen Nazarian
Owner Financing is Available!
$299,000 with $120,000 down. 8% int., amortized over 120 months. Balloon due in 36 months

Quick Facts

Asking Price: $299,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 20
BBN Listing #: 744852001
Broker Reference #: 0484

Email or Print Listing

Business Overview:

This is a great opportunity to own a beautiful Franchise Coney Island Restaurant in Wayne County. Established in 2015, this 135-seat restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. Recently, this well-known 4,200 sq ft restaurant went thru a remodel that shows beautifully with all equipment in “like-new” condition and maintained regularly. Full menu consists of breakfast, lunch, and dinner! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding catering/deliveries, beer/wine license, corporate accounts, opening 24 hours and hosting parties, you have HUGE potential. Great location with major anchors in the immediate area and unlimited growth opportunities! Currently absentee run! Perfect for a husband/wife team or a starter restaurant. A must see/must have business that will not disappoint! Turn-key operation only needing a new owner/operator! Seller will train and entertain all reasonable offers! Call Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com
*Monthly Royalty & Advertising fees $5,000

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Property Features and Assets:

Established in 2015, this 135-seat restaurant is located on a highly traveled road with plenty of residential and commercial properties in the surrounding areas. Recently, this well-known 4,200 sq ft restaurant went thru a remodel that shows beautifully with all equipment in “like-new” condition and maintained regularly. Full menu consists of breakfast, lunch, and dinner!

Market Competition and Expansion:

Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding catering/deliveries, beer/wine license, corporate accounts, opening 24 hours and hosting parties, you have HUGE potential.

Reason for Selling:

Owns other Restaurants

Additional Details:

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

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