Established Cafe-Diner

Asking Price$995,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,900,000

Inventory$25,000
Not included in asking price
FF&E$300,000
Included in asking price
listing imageSave

Established Cafe-Diner


Asking Price$995,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,900,000

Inventory$25,000
Not included in asking price
FF&E$300,000
Included in asking price

Seller Financing Available
Business Description
Fantastic cash flowing, below market long term lease ready for the next generati
Old school American Diner on State Highway
18 years left on below market lease
Established for 11+ years owner retiring, in his 70's
Large parking on very busy state highway with 150+'frontage
Previously a long-standing chain/franchise operation
About the Business
Years in Operation
12
Employees
20 (5 Full-time, 15 Part-time)
Facilities & Assets
Opened new after extensive renovations in 2015. Facility has been well maintained throughout. A loyal customer base near hotels, the regional high school, businesses and dense residential. Easy access from Rts. 46, 80, 15 and 10
Market Outlook / Competition
The area has mostly fast-food franchises. This is an owner/operator situation with casual American food open for breakfast, lunch and dinner 7 days a week.
Opportunities for Growth
Add take out, Uber eats etc. for increased revenue. Plenty of space for an outdoor patio,
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,200
Rent
$6,500.00 per month
Lease Expiration
6/15/2044
About the Sale
Seller Motivation
Retirement after a lifetime in foodservice.
Transition Support
Whatever is needed for a successful transition
Financing Options
Seller financing with substantial downpayment to Qualified Buyer with experience.
Listing Info
ID
2511392
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Business Listed by: Tim Delaney Delaney Restaurant Realty

Listing ID: 2511392 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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