Glens Falls Diner for Sale with Real Estate Six Figure Earning

Asking Price$975,000

Cash Flow
$130,119
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$606,598

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Glens Falls Diner for Sale with Real Estate Six Figure Earning


Asking Price$975,000

Cash Flow
$130,119
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$606,598

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This Diner for Sale presents a fantastic opportunity for either a hands-on or semi-absentee owner. Priced at 975,000, this Glens Falls, New York Restaurant is primed for growth! Take advantage of this chance to own this iconic restaurant including the *real estate. Owner recently spent $300,000 on major remodel and new equipment. Only open six months a year and 5-days a week in season. Huge upside potential to increase hours! Location has also been approved to add a Drive through.
With revenue averaging $100,000 per month, this Diner for Sale is already generating significant six-figure income and is poised for further expansion. The restaurant is turn-key , meaning it's ready for you to hit the ground running from day one. In season, the diner is only open 5-days per week. A new owner could both add days in season AND open additional months, as well. This could easily add several hundred thousand in additional revenue. The owner spared no expense and invested $300,000 in a complete upgrade and renovation of the restaurant and new equipment.
Glens Falls, home to this Diner for Sale, offers residents a dense suburban feel where most residents own their homes. There are a lot of restaurants and parks. The area is a diverse community that's good for families, seniors, and young professionals. The public schools are above average. Contact We Sell Restaurants today to find out more!
The Diner for Sale can seat over 100 customers, however, take-out business accounts for a significant amount of their revenue. It is run by a manager and plenty of knowledgeable employees. The Diner for sale's strong customer base is drawn by its ideal location and benefits by a good mix of locals and visitors alike. With the approval to add a drive-thru, revenue potential is significant.
The menu at this Diner for Sale is simple and delicious...Burgers, Dogs, Chicken Tenders & Wings, Fish, Salads, Wraps, and some of the best ice cream and shakes you can find anywhere in New York
Don't let this opportunity slip away! Contact the Restaurant Brokers today to find out more about owning this profitable Diner for sale.
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About the Business
Years in Operation
25
Facilities & Assets
UP FEONT SERVICE AREA
3 Taylor ice cream machines 1 is gravity fed the others are pumps approximately 2014 models
4 Spot On registers
4 KDS in
Wadden multi flavor ice cream machine
Slushie machine
3 head milkshake mixer
Tornado mixer
new LED signage
4 tvs with digital display menus
standup up cooler in front service area
6 stainless tables in front service area
under counter 2 door refrigerator
MAIN KITCHEN
4 stainless tables
1 under counter refrigerator
1 under counter freezer
2 countertop fry dumping stations
1 bun toaster
1 refrigerated condiment station
Garland 3 platen gas clamshell griddle
5 50lb vat fryers
17 cubic foot upright freezer
7 cubic foot chest freezer
freestanding food warming lamp
2 72in heat lamp strips
makeup air system
new stainless kitchen walls
2 food warmers
HOT DOG STATION
new grease hood vent with light
Garland 3 platen electric clamshell griddle
2 door under counter cooler
bun toaster
1 refrigerated condiment station
1 food warmer
2 stainless tables
new stainless walls
BACK AREA
2 prep station with cooler below
stainless steel tables and shelving in prep area
food slicer
-food dicer
microwave
14 cubic chest freezer
17 cubic upright freezer
walk in freezer with all new components
walk in cooler
cooking dishes, containers, utensils etc
additional food warmers in storage
OUTSIDE
led Lighting
Camera system
seating for over 100
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
Located on a main New York State route that is traveled heavily.
YOY Revenue Increases
Opportunities for Growth
Prime Location with High Traffic - The restaurant is situated in a busy area with consistent traffic, ensuring a steady flow of potential customers. It is near a major intersection, and shopping
Only Open 6 Months presently
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Other
Transition Support
owner 2 weeks
Listing Info
ID
2305506
Listing Views
1590

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Business Listed by: Steve Weinbaum We Sell Restaurants

Listing ID: 2305506 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.