Catylist ID:
#30655170
Zorba's Family Diner in Clinton Township
Undisclosed Address, Michigan
Business Opportunity
for Sale
| Catylist Listing ID: | 30655170 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 4,450 SF |
| Sale Price: | $279,000 |
| Name of Establishment: | Zorba's Coney Island |
| Year Business Established: | 2001 |
| Gross Revenue: | $0 (Annual) |
| Cash Flow: | $0 (Annual) |
| Sale Terms: | Cash or other terms acceptable to owner |
| Last Updated: | 3/29/2021 |
Overview / Comments
|
Five Stars on Trip Advisor. Four Stars on Yelp. Five Stars on Menuism. A great place to eat. Customers say on FourSquare: "Love this place! Great family run diner. I love the Chicken Supreme Sub...definitely not on the weight watchers menu though. Eggs Benedict & Omelets are awesome." Great opportunity to acquire a long established restaurant concept. This is in institution in the community. Just try to get in on Sunday for Breakfast.... Buy the Business for $279,000.00 with rent of $5,000.00 per month NNN or the real estate and business assets for $795,000.00! GREAT TURN KEY OPERATION. Currently a family restaurant operation with great numbers. Keep it as a family diner or bring your concept for a great new location. 4,450 sq ft located on busy Groesbeck Highway just north of Metro Parkway (16 Mile Road), 150 seats, 1 acre of land. Private Parking |
Additional Details
| Industry Segment: | Restaurants |
| Reason for Selling: | Its time |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $189,000 |
| Value of Real Estate Included ($): | $0 |
| Real Estate Lease Description: | 1acre of land on busy Groesbeck Highway near Metro Parkway |
| Mgmt/Training Support Description: | transition support available |
| Competition/Market Description: | long established client base who just keep coming back |
| Seller Financing Description: | Owner willing to talk with significant downpayment |
Demographic Statistics
| Proximity: | 5 miles |
|---|---|
| Total Population: | 2,593 |
| Median Age: | 44.17 |
| Households: | 1,031 |
Contact
Michael E. ScheidThomas Hospitality GroupCPIX Member |
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