Coney Island Restaurant
| Asking Price: | $525,000 | Inventory: | $10,000 ++ |
| Gross Revenue: | Not Disclosed | Real Estate: | $375,000 ++ |
| Cash Flow: | $70,000 | FF&E: | $70,000 ++ |
| ++ 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!!
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