257725-BK-Successful Diner in Great Location

Not Disclosed, VA
Richmond County

Asking Price: Annual Revenue:
$849,000 $850,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: 257725-BK-Successful Diner in Great Location Broker: Bill Kelly

Quick Facts

Asking Price: $849,000
Annual Revenue: $850,000
Net Profit: Not Disclosed
Cash Flow: $85,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1921
Employees: 6
BBN Listing #: 666943891
Broker Reference #: 9525-257725

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Business Overview:

Open since 1921 this iconic diner is in a great location serving breakfast, lunch and diner. Open 24 hours a day, with loyal customer base it is just waiting for the new owners to manage it. .Valuable corner real estate lot near college and downtown city development. Business and Real Estate only sold together.

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Property Features and Assets:

Was opened as a restaurant in 1921 in an historic building which once served as a civil war hospital.

Market Competition and Expansion:

There are several restaurants within a six block area. This is the only restaurant with a 100 year history in the same location.

Reason for Selling:

Other business interests.

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.

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