Diner for Sale in Broward County

Davie, FL
Broward County


Asking Price: Annual Revenue:
$295,000 $1,182,410

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Diner for Sale in Broward County Broker: Ken Eisenband

Quick Facts

Asking Price: $295,000
Annual Revenue: $1,182,410
Net Profit: Not Disclosed
Cash Flow: $191,424
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1998
Employees: 15
BBN Listing #: 12638096
Broker Reference #: 7871

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Business Overview:

Breakfast and Lunch Diner for Sale in Davie, Florida has gross sales in excess of $1,000,000 and returns more than $190,000 to owner.

This Broward County Breakfast and Lunch Diner for Sale has been in business for more than 20 years. The current owner has been in place since 2002. The gross sales in 2019 were $1,182,410 with Seller’s Discretionary Earnings of $191,424. The customer base is loyal but can be greatly expanded as current owner does no advertising, has no website, and has no social media presence. Adding a website, online ordering, and having a social media presence can increase gross sales and profits by a significant amount. The restaurant has bounced back from Covid 19 shutdown nicely and the total sales for 2020 should be in excess of $750,000.

The Diner for Sale is located just off I-75 and close to office parks, hospital, and affluent communities. The immediate trade area has more than 25,000 white collar workers. The three-mile radius population 54,460 and the five mile is 205,197. They all pass by on the way to I-75 with a daily traffic count more than 71,000 vehicles. The average annual household income is more than $140,00. The Diner occupies 3,600 square feet and seats 120 guests. The monthly rent is $15,500 including all CAMS and taxes. The lease expires in 2029 and there is a five-year option attached. We Sell Restaurants can answer all your questions on the lease!

The owner of this diner for sale handles administrative functions and spends about ten hours per week at the location. The staff is well trained and can handle the operation without ownership supervision. 80% of the staff have been working at this location for more than 15 years. The owner will offer two weeks of training. The menu and recipes will remain.

The diner for sale has a fully equipped commercial kitchen featuring two exhaust hoods. The main hood is 20 feet long. The grease trap is in ground. The kitchen equipment is well maintained and consists of 2 flat top grills, 2 fryers, 3 six eye burners, double stacked convection oven, walk-in cooler, walk-in freezer, 30-quart Hobart dough mixer, and so much more. The FOH seats 120 guests in a combination of booths and chairs. The seating is comfortable, and the atmosphere is friendly.

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Property Features and Assets:

29 tables and booths 31 chairs POS system 4 high chairs stand up cooler speed rack single door sandwich cooler prep table microwave freezer chest conveyor toaster low boy cooler bread warmer blender utility cart 2 three door sandwich coolers three hotel pan steam table 20 foot exhaust hood secondary exhaust hood 2 flat top grills 2 fryers six eye burner with stove six eye burner broiler candy stock pot six eye burner with stove double stacked convection oven can rack 30 qt hobart dough mixer walk in cooler walk in freezer ice machine assorted pots pans utensils and smallwares

Market Competition and Expansion:

This diner has been at this location for more than 20 years and has built a loyal following. No direct competition in the near area. Very strong demographics. More than 25,000 whit collar workers in the three mile radius, large hospital down the street and

Reason for Selling:

Moving

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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