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Coney Island Restaurant

Westland, Michigan (Wayne County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price $525,000 Inventory $10,000* 
Gross Income Not Disclosed Real Estate $375,000* 
Cash Flow $70,000 Year Established N/A
FF&E $70,000* Employees N/A

* included in the asking price

** not included in the asking price

Successful Coney Island restaurant including the real estate. Tax return shows a sales average of $8,500 per week. Food costs run about 30% of sales. All equipment is included and is in good working order. Hours are 6 to 12 M-Th, 24hr F and Sat, and 6 to 11 on Sunday. Current owner is not very active in the business so having an owner-operator would be beneficial. The real estate is a corner lot with access from two roads and the building is approximately 2,400S.F. Located in Westland on a high traffic road in a very populated area. Low cost food establishments are doing well in this economy, and this is one of those places!!!

Seller Financing Available: Yes

Business For Sale By

Rick Smith

248-620-6754

Summit Business Brokers

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