NOT DISCLOSED, Colorado
| Asking Price |
$575,000 |
Year Established |
1990 |
|
| Annual Revenue |
$880,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Len Abels |
|
| Annual Cash Flow |
$220,000 |
Listing Number |
999882 |
|
| # of Employees |
10 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Well established free-standing diner on a state highway. Breakfast and lunch each account for approx. 40% of sales. Dinner is about 20%. Good staff, many with over 10 years of service. The seller works less than 20 hrs/ week in the business making it easy for a new owner to take over. Annual revenues are consistently in the high $800's.
Property Features and Assets:
<p>This 2,330 SF free-standing building on a 10,500 SF lot has good parking and visibility from highway. The dining room has approx 95 seats and has recently been remodeled. Fully equipped kitchen. All FF&E included in the sale. There is no leased equipment.<br></p><div><br></div>
Market Competition and Expansion:
<p>This is the only American-style diner with waiter / waitress service in the area. In addition to a great location on a state highway (approx. 25,000 vehicles/day), the surrounding area is undergoing a great deal of residential development (median household income approx. $88,000).<br></p>
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity