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Business For Sale
WELL ESTABLISHED MODERN DINER 10448 EMMETT
Attn:
Don Emmett
Suffolk County, NY, USA
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Listing Number: "10448 Emmett"
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Listing
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Asking Price: |
$1,550,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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owner is retiring |
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Year Established:
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1973 |
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# of Employees:
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15 Full Time / 10 Part Time |
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Yearly Revenues:
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$2,056,000 |
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Yearly Cash Flow:
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$364,960 |
Business for Sale Overview:
Tremendous Opportunity to own this wonderful well established Modern Diner! Terrific location at the intersection of two of Long Island's busiest highways! A well deserved retirement brings this very profitable LI institution to the market. Currently grossing $40,000 per week! New owner can raise below market prices and increase gross by 30%! Nice size business, with 200 seats (4,600 square feet) and 70 parking spaces. Good mix of business and residents brings traffic 24/7 to this family owned establishment. Loyal customers and superior food make this a preferred gathering and party place. Bakery on premises increases gross margins. Well trained and experienced staff makes food &/or restaurant experience optional. Any good business person will succeed and prosper here! No serious diner competition for miles. Add delivery to industrial park and grow business another 10%-15%!
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