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: 1/30/2023

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

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Demographic Statistics

Proximity: 5 miles
Total Population: 2,593
Median Age: 44.17
Households: 1,031


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