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Business For Sale

WELL ESTABLISHED MODERN DINER 10448 EMMETT

Attn: Don Emmett
Suffolk County, NY, USA
Listing Number: "10448 Emmett"
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Asking Price: $1,550,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: owner is retiring
Year Established: 1973
# of Employees: 15 Full Time / 10 Part Time
Yearly Revenues: $2,056,000
Yearly Cash Flow: $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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