Landmark Diner for sale - Profitable

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$499,000 $963,043

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Landmark Diner for sale - Profitable Broker: Marcelo Jo
Owner Financing is Available!
Loan/Seller - Amount: $50,000 Months: 24 Rate: 6.00% Monthly Payment: $2,216.00

Quick Facts

Asking Price: $499,000
Annual Revenue: $963,043
Net Profit: Not Disclosed
Cash Flow: $193,379
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 8
BBN Listing #: 4389630
Broker Reference #: 0101585264

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Business Overview:

High Volume & Profitable Diner is offered for sale. This old fashioned diner serves breakfast, lunch & dinner to locals and tourists for over a decade. Sales are around $1 million per year while serving only breakfast and lunch on weekdays. Now open on Sundays and serves dinner during weekends. As per seller, owner benefit is around $200K. Open 7 days/week. Beautiful built-out. Building and equipment are well maintained. Hurricane windows to be installed soon. Seating capacity 49 inside, 12 outside. Experience staff in place. Excellent ratings on Yelp, Google & TripAdvisor. Buyer must have experience in restaurant business. May qualify for a visa. This landmark diner is ready for a new owner to continue its legacy. Please re fer to listing 0101585264, business broker Marcelo Jo when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $1,914; Square Footage: 1,100; Building Type: Strip Plaza; Terms & Options: 5 year option; Expiration Date: 6/1/2023.

Market Competition and Expansion:

Non Compete : Miles: 2 Years: 1

Reason for Selling:

Personal Reasons.

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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