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Rare Opportunity to Control Occupancy Cost with 25 Year MortgageThis 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.
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