Retirement Sale! Iconic Miami Diner Only $299,000

Miami, FL
Miami Dade County


Asking Price: Annual Revenue:
$299,000 $1,068,250

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Retirement Sale! Iconic Miami Diner Only $299,000 Broker: Joseph Pinsker
Owner Financing is Available!

Quick Facts

Asking Price: $299,000
Annual Revenue: $1,068,250
Net Profit: Not Disclosed
Cash Flow: $165,997
Total Debt: Not Disclosed
FF&E: $195,000
Real Estate: Not Disclosed
Year Established: 1960
Employees: 18
BBN Listing #: 775755407
Broker Reference #: Not Disclosed

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Business Overview:

Very Successful, landmark Miami Diner priced to sell at $299,000.

After almost a half century of continuous operation, the Owner is finally selling this landmark Diner.

This very successful Diner is known for its great food, generous portions, and friendly service, with a very large and loyal customer base.

Since the Owner does not participate in the Diner's daily operation, and does no advertising/marketing, its new Owner can easily take this million dollar business to even new heights; and one that will give him the ability to earn a handsome living for many years to come, and all for an amazing price..............this is truly a one of a kind opportunity !

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The Diner contains 2,500 sq.ft. with 100 seats,and a fully equipped kitchen.It is located on a very busy street in a free standing building that is highly visible, has good parking,and an excellent long term lease. Monthly rent: $7,900 The Owner will stay on to fully train the Buyer so as to insure a smooth and successful transition.

Market Competition and Expansion:

There is no competition in the immediate area. .........it is truly " one of a kind"! The Diner could significantly increase its profitability by staying open 24 hours a day, as there are no other Restaurants in the area that are open after 11:00 P.M.

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.

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