Business For Sale

Iconic American Diner: Great Location, Great Price

Miami, FL
Miami Dade County


Asking Price: Annual Revenue:
$475,000 $1,156,315

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Iconic American Diner: Great Location, Great Price Broker: Joseph D Pinsker
License #: 3220016
Owner Financing is Available!
TBD

Quick Facts

Asking Price: $475,000
Annual Revenue: $1,156,315
Net Profit: $159,892
Cash Flow: $169,892
Total Debt: Not Disclosed
FF&E: $195,000
Real Estate: Not Disclosed
Year Established: 1970
Employees: 18
BBN Listing #: 828455407
Broker Reference #: Not Disclosed

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Business Overview:

This landmark diner is one of Miami's oldest eateries, now going into its 49th year of continuous operation. It is known for its great food, generous portions and friendly service, and has a very large and loyal customer following.

This is truly a turnkey opportunity, very stable and profitable, and one that will provide its new owner with the ability to earn a handsome living for years to come.

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Property Features and Assets:

The Diner contains 2,500 square feet with 100 seats, and a fully equipped kitchen. It is located on a very busy street in a free-standing building that is highly visible, has good parking, and an excellent long-term lease.

Market Competition and Expansion:

There is no competition in the immediate area....it is truly "one of a kind"! The Diner could significantly increase its profitability by staying open 24 hours a day, and by advertising, especially on the social media platforms.

Reason for Selling:

Owner wants to focus on his other 4 businesses.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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