Landmark Diner on Major Intersection

Asking Price$495,000

Cash Flow
$174,601

EBITDA$174,601

Gross Revenue$729,304

Inventory$3,000
Included in asking price
FF&E$50,000
Included in asking price
Real EstateNot Disclosed

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Landmark Diner on Major Intersection


Asking Price$495,000

Cash Flow
$174,601

EBITDA$174,601

Gross Revenue$729,304

Inventory$3,000
Included in asking price
FF&E$50,000
Included in asking price
Real EstateNot Disclosed

Business Description
This long established and well known landmark diner is the envy of many restaurateurs and pride of the area. They have been inbusiness 63 years and current operator is the 3rd owner. It's nestled amongst thousands of retailers, commercial buildings, municipality offices, residential neighborhoods and in proximity to Hard Rock Stadium. It sits on the corner of a strip center as a free standing building with excellent visibility on all 4 corners of the lighted intersection. This resturant will be booming with the upcoming FIFA World Cup in 2026 and Cup of Champions in 2025.

Diner has its nostalgic look of red booths, chrome bar stools and a fun, casual and family atmosphere. The menu is extensive and has something for everyone. They have a max indoor seating capacity of 98. The space underwent a complete renovation with new booths, ceiling, A/C, roof, and kitchen equipment less than 5 years ago. Aside from dining in, the business uses most food delivery apps like Doordash, Uber Eats, Grubhub, and Cookdash, as well as, pick-up orders.

Operator works approximately 8 hrs/day six days a week and has a good loyal staff with many of them since its acquisition in 2017. Seller has leveraged the history and fame of the business by having several music video shoots, podcasts, fashion shows and other private engagements rent out the space after hours for these additional revenue streams. There's been a strong demand for dinner service which a prospect Buyer can capitalize upon and generate additional revenue. The sale is very confidential and staff is not aware of it. Non Disclosure Agreement and Proof of Funds are required in order to release additional information or schedule a site visit.
About the Business
Years in Operation
65
Employees
12
Facilities & Assets
Freestanding bldg in a strip center, ample parking, full kitchen equipment, 98 seats
Market Outlook / Competition
Not any other diners in proximity
Opportunities for Growth
Open for dinner, social media marketing
About the Sale
Seller Motivation
Moving out of State
Transition Support
2 weeks at no cost
Listing Info
ID
2239542
Listing Views
946

Contact Seller

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Business Listed by: Mark Habib Royal Crown Group LLC

Listing ID: 2239542 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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