Breakfast & Lunch Diner, with Liquor License

Bakersfield, CA
Kern County


Asking Price: Annual Revenue:
$275,000 $720,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Breakfast & Lunch Diner, with Liquor License Broker: John Willingham
License #: BRE 556588
Owner Financing is Available!

Quick Facts

Asking Price: $275,000
Annual Revenue: $720,000
Net Profit: Not Disclosed
Cash Flow: $282,000
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 2019
Employees: 11
BBN Listing #: 512538457
Broker Reference #: BAKERCA001-N944

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Business Overview:

Like new business located in popular Northwest Bakersfield. Average Daily Traffic Count 2020, 16,094. Population within a 3-mile radius 89,494, Median HH Income $96,386. A popular diner and the only diner in the area. The below proforma information was given to me by the owner. In addition to inside seating the Business has private patio dining. The owners spent around $300,000 in FF&E and Tenant Improvements. They have an ABC 41 License for On Sale Beer and Wine, and the owner says that it is a good source of income and extremely popular with the patrons.  This is your opportunity to buy this Business with only $125,000 down and owner financing of $150,000 at only 3% interest amortized over 5 years with monthly payments. You'll start making money from day one.    The Business is well positioned in all of the search engines and is easy to find. 

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Property Features and Assets:

Real Estate License ID: BRE 556588

Reason for Selling:

Retirement

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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