Profitable Diner with Great Staff

Not Disclosed, MD
Baltimore County

Profitable Diner


Asking Price: Annual Revenue:
$269,000 $1,100,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Diner with Great Staff Broker: Will Ferguson
Owner Financing is Available!
40% down

Quick Facts

Asking Price: $269,000
Annual Revenue: $1,100,000
Net Profit: $245,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 11
BBN Listing #: 383527212
Broker Reference #: M- 722511-2019-316

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Business Overview:

Reduced Pricing! This beautiful well-appointed diner has been in business for 13 years. Sitting on the main street as you enter town, it has seating for 81 customers. $21,000 - $30,000 per week in sales!

This Diner has an excellent staff and great customers!

Updated HVAC and Electric and plenty of on-site storage, make this an ideal location for growth and regular profits!

Will consider holding a small note to assist new owner. Training for 60 days included in price of business.

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Property Features and Assets:

Lease Approximately 1,299 square feet. Rent is $5,800 plus CAM. Lease expires January 2035. Next increase is 2021 to $6,250.

Market Competition and Expansion:

Ability to streamline menu and food inventory. Very few competitors in a 5 mile radius.

Reason for Selling:

Retiring

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.

Documents:

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