Seller's Contact Information
- RE: Ultimate Celebrated Diner Opportunity Est 60 Yrs
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $559,000 | |
| Annual Revenue: | $1,300,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $300,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 375,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 561133937 | |
| Broker Reference #: | SHORE DINER |
Business Overview:
There are diners and there are diners but rarely can you find one of this exceptional caliber in an AAA location like this doing this kind of business. Established for over a decade with an enormous loyal customer base this incomparable opportunity located in charming East Shore Village, has come on the market only because owners are retiring after decades in the business. This one is a no brainer, a cash cow making nothing but money making your investment back in just two years, has come on the market only because of retirement. Given the history there is no risk here, act quick on this must see opportunity it shouldn’t be on the market long, CALL NOW!
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Property Features and Assets:
2,600 booming Square feet, 90 money making seats, 40 enticing patio seats, prudent $4,700 very low rent % to gross, classic quaint New England east shore town, heavily traveled RT1 location, high grossing prosperous for a decade, name has been around for 60 years, open 7 flourishing days 7-9
Market Competition and Expansion:
Competition: Incredible Rt 1 Location Growth & Expansion: Perfect for a family to maximize earning power
Reason for Selling:
Well earned retirement.
Additional Details:
- The property is Leased.
- 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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