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- RE: 50's Diner - Fast Food
- Contact: Andre
Quick Facts
Asking Price: | $695,000 | |
Annual Revenue: | $1,600,000 | |
Net Profit: | $200,000 | |
Cash Flow: | $200,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 13 | |
BBN Listing #: | 945753 | |
Broker Reference #: | 3325 |
Business Overview:
Beautiful 50's Diner, with a tons of memorabilia included in the sales price. Service is fast food style where you order at the counter. Not a full service, table order restaurant. Business is manager run. Owner spends little to no time at the business as the owner lives 2 Counties away and rarely comes to the restaurant. Manager is paid a high salary and a new owner operator can save a $100-150,000 a year on manager salary. Above sales and net profit are taken from the 2023 Corporate tax return. This is a very clean operation, in need of new, loving ownership ready to spend time in this beautiful business and see it grow.
BUYERS: DO NOT TALK TO CUSTOMERS OR EMPLOYEES ABOUT THE BUSINESS BEING FOR SALE. IF YOU DO, THE SELLER WILL NOT SELL YOU THIS BUSINESS!
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Reason for Selling:
Too far away to oversee the operation.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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