Diner for Sale in Coral Springs, FL – Low Rent!

Coral Springs, FL
Broward County


Asking Price: Annual Revenue:
$135,000 $759,864

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Diner for Sale in Coral Springs, FL – Low Rent! Broker: Ken Eisenband

Quick Facts

Asking Price: $135,000
Annual Revenue: $759,864
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: 14
BBN Listing #: 67648096
Broker Reference #: 8990

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Business Overview:

Diner for Sale in Broward County, Florida serves Breakfast, Lunch, and Dinner in a comfortable atmosphere. Loyal customer base has been developed over 23 years of service to the community.

The Diner for Sale serves the Coral Springs, Margate, Tamarac, and Coconut Creek communities. The restaurant has built a strong and loyal following over the 23 years of service to the hundreds of thousands of people that live in the trade area. The Diner serves breakfast, lunch, and dinner in a comfortable atmosphere that includes tables, chairs, booths, and a countertop. The dining room seats 150 guests, and the restaurant is 3,800 square feet in size. The restaurant currently has no alcohol license but meets the requirements for the full service 4COP SFS Liquor License! Wow! The rent for this well established and popular diner is only $6,949 per month. The current lease expires on February 28, 2025, and there is a five-year option attached.

The Diner for Sale by We Sell Restaurants has consistently produced good sales. The rent to sales ratio has always been better than industry standards.

Sales
Full Year 2021 $759,864 11%
January 2022 $71,280 9.8%
February 2022 $75,505 9.3%
March 2022 $84,598 8.3%
April 2022 $78,217 8.9%

With rent at 11% of sales in 2021 and below 10% in 2022 this diner is poised to be a profitable acquisition by an experienced operator. The current owner purchased this business to obtain an E-2 Visa. The owner was new to the country and had no previous restaurant experience. The seller has decided to relocate from South Florida. His loss is your gain. An experienced operator will make this Diner for Sale a cash cow for years to come.

The kitchen in this Diner for Sale is very well equipped and set up for high volume. The exhaust hood is 14 foot in length and the grease trap is in ground. There are two walk-in coolers, walk-in freezer, ten eye burner, six-foot flat top grill, two fryers, and more. The smallwares package is extensive. Included in the sale is a 60 qt Hobart dough mixer, buffalo chopper, meat slicer and much more.

The Diner for Sale has a menu that offers breakfast, lunch, and dinner. Breakfast items include omelets, egg dishes, French toast and pancakes, and waffles. Lunch features sandwiches, wraps, salads, melts and more. Dinner items include seafood entrees, ribs, roast beef, chicken and so much more. Add the 4COP SFS license to sell Beer, Wine, and Liquor or the 2COP license to sell Beer and Wine and watch the sales grow.

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Property Features and Assets:

combination of 39 tables,chairs and booths 5 highchairs 62 chairs 5 stools television clover POS system floor vac SS shelving units single door sandwich cooler 2 refrigerated display cases display case three stem mixer two door low boy cooler glass door stand up cooler two door sandwich cooler butcher block prep table conveyor toaster electric steam table three hotel pans prep table residential freezer utility cart three steel tables 2 heat lamps 2 microwaves freezer chest 2 walk in coolers walk in freezer buffalo chopper ten eye burner with 2 ovens double stacked broiler 2 fryers six foot flat top slicer two door low boy cooler three door sandwich cooler three door low boy cooler electric steam table 4 hotel pans 60 qt Hobart Dough Mixer double stacked convection oven

Market Competition and Expansion:

Qualifies for the 4COP SFS license. Add this license and serve LIQUOR, BEER, AND WINE to your guests.

Reason for Selling:

Relocation

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.

Relevant Links:

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