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Business For Sale
5537 - DINER
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Asking Price: |
$4,500,000
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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Other business interests |
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Year Established:
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1935 |
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# of Employees:
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80 |
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Yearly Revenues:
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$3,380,000 |
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Yearly Cash Flow:
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$780,000 |
Business for Sale Overview:
A Philadelphia land-mark for more than 70 years. High volume Diner in the heart of one of the most congested neighborhoods in the city. A must see in order to appreciate the state-of-art-equipment, because words can’t do this facility justice. Very large building with great flexibility either to expand the dining area or create another business opportunity. Presently the Diner is being operated absentee, which makes it an excellent opportunity for an aggressive owner/operator. Projected cash flow is considering one full-time owner/operator. The sale includes business and two buildings, including one building across the street, valued at approximately $300,000.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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