Pending! 245 Seat Coney Island In Macomb County

Macomb County, MI

Pending! 245 Seat Coney Island In Macomb County
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Asking Price: $139,900

Cash Flow: N/A

Gross Revenue: $434,422

EBITDA: N/A

FF&E: N/A

Inventory: $7,000*

Rent: $7,000 /Month

Established: 2017

*not included in asking price.

Pending! 245 Seat Coney Island In Macomb County

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Business Description

This is a great opportunity to own a turn-key Coney Island that is less than 2 years old. All equipment is virtually brand new and in great working condition. With the separation from his working partner, the seller has spread himself too thin. It is too much for him to oversee this location along with his other two restaurants. In total he has invested over $700,000.00 to build this beautiful 245 seat restaurant. The land lord is holding a liquor license in escrow and is willing to sell it to qualified buyers. This restaurant will not last long!
**Features a banquet room that has seats for up to 100 guests!
**Liquor License available!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
11/30/2022
Employees:
5 FT- 10 PT
Facilities:
Nice, stand alone building with seating for 245.
Support & Training:
Seller will train for 30 days.
Reason for Selling:
Partner issues and other business interests
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(from currently available funds)
 
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Nadir Jiddou

Business Listed By:
Nadir Jiddou

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