Established Multisite Diner Chain With Real Estate

Not Disclosed, SC
Lexington County


Asking Price: Annual Revenue:
$425,000 $840,468

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Multisite Diner Chain With Real Estate Broker: Barry Johns
Owner Financing is Available!
$99000.00

Quick Facts

Asking Price: $425,000
Annual Revenue: $840,468
Net Profit: Not Disclosed
Cash Flow: $159,483
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 10
BBN Listing #: 948255468
Broker Reference #: 66448-116103

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Business Overview:

Popular classic diner with strong brand recognition. This business has multiple locations (One of which Real Estate is available for purchase). Diners have a full array of menu options enjoyed by both young and old. They have been serving the Midlands of SC for over 25 years while actively participating within the local community. The business has maintained consistent profits and is well positioned for organic and multisite growth. Strong franchise potential for active and eager owner.

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Property Features and Assets:

Present Owner founded Company in 1979 and most recently had 4 locations. One was closed due to profitable real estate opportunity near USC Campus. Business has been consistent and strong for almost 40 years. Stable management and well documented processes strategically positions this business for future aggressive growth. Business would be easily Franchisable. TBD two sites are lease and one is owned by the seller and is available for puchase.

Market Competition and Expansion:

Name Brand is significant in Columbia / Midlands Area. Special Recipes made up of proprietary meats and unique preparation techniques significantly separates their food above the competition.

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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