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Quick Facts
Asking Price: | $490,000 | |
Annual Revenue: | $1,300,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $300,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $250,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | Not Disclosed | |
BBN Listing #: | 267133937 | |
Broker Reference #: | Not Disclosed |
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Business Overview:
It is indeed my pleasure to offer this renowned flourishing family diner which has been the community go to place for over 18 years. After all those years they have developed a large envious customer base with meticulous attention to excellent reasonable food made from scratch, notable service and cleanliness. If you have the experience and drive to maintain the level of operating as they do, this is an outstanding opportunity for you. To be able to get a long established lucrative diner of this caliber for a price like this is rare, don’t miss this one the time to act is now.
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Property Features and Assets:
High grossing 3,000 booming square feet, 120 money making seats, reasonable $4,900 month rent (incredible 4% rent factor), long term lease available, open 7 lucrative days 6:00-9:00 breakfast lunch & dinner, established 18 years with vast loyal customer base, full functional basement, large ample parking lot, huge sports complex under construction directly across street, highly acclaimed w rave reviews, welcoming homey ambiance, large booths and tables for larger groups, party room, homemade specials like grandma made, meticulously maintained.
Market Competition and Expansion:
Huge sports complex under construction across street.
Reason for Selling:
Time to retire.
Additional Details:
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