Seller's Contact Information
- RE: Classic Diner Like No Other
- Contact: Shawn Reilly
Quick Facts
| Asking Price: | $299,000 | |
| Annual Revenue: | $1,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 240,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1982 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 992533937 | |
| Broker Reference #: | DINER II |
Business Overview:
The time to buy doesn’t get any better with the pandemic winding down and restaurant business going up and beginning to flourish. The diner with a huge highly acclaimed traditional Greek menu all prepared on brand new equipment with their own popular creative concoctions is a real hit in the community, with an 11’ foot dessert case likened to Charlie and the Chocolate Factory greets you as you enter. The chef has earned rave reviews including Fieri of triple D, “Chef George will take you to Flavortown”. A proven monumental location that has flourished for four decades make this an outstanding buy call now for this must see!
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Property Features and Assets:
3,500 textbook classic square feet, judicious $6,000 NNN rent, epic counter and dining seating, brand new equipment, 3 walk-ins, full bakery, 11’ dessert case, consummate location, old world diner architecture, established legendary 40 money making years, open 7 prosperous days 8 to 10:00, upside potential.
Market Competition and Expansion:
Competition: Incredible money making location for 40 years Growth & Expansion: Huge upside potential
Reason for Selling:
Other business interest.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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