Diner And Real Estate Package Acquisition
Not Disclosed, WA King County
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- RE: Diner And Real Estate Package Acquisition
- Contact: Sean Dowling
Quick Facts
| Asking Price: | $1,200,000 | |
| Annual Revenue: | $110,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $1,020,000 | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1001000 | |
| Broker Reference #: | RR2025 |
Business Overview:
Rare Opportunity to Control Occupancy Cost with 25 Year Mortgage
This business is an iconic American diner that has withstood the test of time for over 25 years in King County, Washington. Located in a community with a population of under 15,000 this acquisition opportunity includes both a business that did over a million in revenue last year and the associated real estate.
Known for huge portions and friendly service, the business has garnered fanfare both locally and nationally, including being featured on the Food Network’s “Diners, Drive-Ins, and Dives”, drawing patrons from nearby as well as those willing travel a distance to enjoy the experience. The business is situated on a 10,000 square foot lot in a single occupant building constructed in 1970 with 3,156 square feet of floor space and an additional vacant lot that is currently used for customer parking. Opening at 6:00 AM seven days a week, the menu features traditional breakfast fare such as scrambles, hashes, omelets, steak & eggs, pancakes, waffles, and French Toast along with traditional morning cocktails before transitioning to comfort food and satisfying lunch & dinner favorites. On location sales are augmented by delivery services (Doordash).
The staff of the business fluctuates between 15-20 full & part-time individuals depending on seasonality including a chef acting as store manager. Current ownership provides executive oversight and administrative support for the business, but is not involved in day-to-day store operations.
Contact the Seller:
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Reason for Selling:
Kindly ask the seller for more information.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
Relevant Links:
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