Breakfast & Lunch Diner, with Liquor License

Confidential, CA
Kern County


Asking Price: Annual Revenue:
$150,000 $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: $150,000
Annual Revenue: $720,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 2019
Employees: 11
BBN Listing #: 179438457
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 owner says before COVID-19 that he was averaging $60,000 per month in sales and that is what the above proforma given to me by the owner is based on. His numbers have been off, but he does have a private patio area, that he has been able to use and he is able to put some seating in the area in front of the Business. The owners spent around $300,000 in FF&E and Tenant Improvements. They have an ABC 41 License for On Sale Beer and Wine, which is interesting for a diner. However, 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 at less than half of what it would cost to open it new and it is a proven location. 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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