Closed Restaurant with property

File# C2532
Location: Detroit, MI
Business Price: $300,000
Down Payment:
Monthly Payment:
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Amortization Period:
Gross Sales: $550,000
Source:
Cash Flow:
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Inventory:
Days Open: NA
Business Hours:
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Parking:
Licences Required:Safe Serve
Year Established:1986
Year Acquired: 1986
Building Price:
Building Terms:

Profile:

This was a highly successful Coney Island type restaurant located on Fenkel in Detroit, MI.  Per seller, 2016 sales were approximately $550,000 and much more in the previous years.  It was closed in 2017 due to a car accident and the resulting death of the owner.  With hard work, the new owner could easily return this restaurant to good profitability.  Equipment list in file.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.