Classic Vintage Diner 32333

Not Disclosed, NY
New York County

Asking Price: Annual Revenue:
$895,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Classic Vintage Diner 32333 Broker: Jay Goldman

Quick Facts

Asking Price: $895,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 15834447
Broker Reference #: 32333

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Business Overview:

You now have the opportunity to become just the third owner of this Vintage Classic Diner since it opened 80 years ago. It still operates under the same name today as it did when it first opened. The current owner of 40 years has serious health issues and is eager to sell as soon as possible. He expects that all of the staff will want to stay on. Of the over $1.8M in annual gross sales, about 55% of it comes from in-store customers and the rest from internet delivery orders. Approximately 60% of in-store sales are by credit card and the rest are in cash. The diner is surrounded by three colleges and two major hospitals. The former provide a boost to sales from Labor Day through Memorial Day and the latter account for large catering orders year-round. Rent is only $27,200/month for this 1,000 square feet prime Manhattan corner location. It comes with a basement for refrigerated & dry storage. Store hours are from 6am-9pm during the week and from 7am-7pm on the weekends. Please do not say anything to the employees or customers
when visiting the diner, as they do not know it is for sale. Then, kindly contact the listing broker, Jay Goldman, or email us to make an appointment for a tour of the facilities and to speak with the owner or one of his family members.

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Additional Details:

  • The property is owned.
  • The owner is not 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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