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Coney Island Well Established!

$250,000.00

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.

  • Location : Western Wayne County
  • Down Payment Option : $125,000
  • Monthly Payment : $2,416.60
  • Financing Interest Rate : 6%
  • Financing Period : 60 months
  • Gross Sales : $660,000
  • Source of Financial Info : 2017-Owner
  • Cash Flow : TBD
  • Total Inventory : $7,000
  • Days Open : 7 days
  • Hours of Operation : Mon-Sat 7-8:30, Sun7-3
  • Parking : plenty
  • License Requirement : Health/Sales
  • Year Established : 1985
  • Year Acquired : 2001
  • Monthly Rent : $4000 Gross (including $800 CAM)
  • Real Estate Price : NA
  • Real Estate Purchase Terms : NA
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