Business Overview:
Established diner in a corner lot located in a middle income and developing town that was emancipated into another larger town. Shows well. Seating for 64. Option 1 business (5,000 square feet) can only be purchased with the property (10,500 square feet). Parking for 22 cars. Option 2 business + property and (Next door) 1 family 2 story house 8,249 square feet = $1,200,000. Property best suited to be developed into a bank or drug store. Needs owner/operator/chef to be hands on. Current owner is ill. For further information please contact Jim Hamdan.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Approximately 5,000 square feet diner on a 10,500 square feet property and house on 8,249 square feet. Large parking lot, good condition.
Market Competition and Expansion:
Competition - Others.
Expansion - Highest and best use for property would be for bank, drug store.
Reason for Selling:
Health issues
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: