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- RE: Best Buy Iconic Restaurant
- Contact: Shawn Reilly
Quick Facts
Asking Price: | $429,000 | |
Annual Revenue: | $1,300,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $350,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $250,000 | |
Real Estate: | $0 | |
Year Established: | 1999 | |
Employees: | Not Disclosed | |
BBN Listing #: | 431933937 | |
Broker Reference #: | COUNTRY D |
Business Overview:
NEW! OPTION TO PURCHASE PROPERTY! It is indeed my pleasure to offer this renowned flourishing family diner which has been a cornerstone of the community and the go to place for over 18 years. After all those years they have developed a large envious customer base with meticulous attention to excellent reasonable food made from scratch, notable service and cleanliness. If you have the experience and drive to maintain the level of operating as they do, this is an outstanding opportunity for you. To be able to get a long established lucrative diner of this caliber for a price like this is rare, don’t miss this one the time to act is now.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
High grossing 3,000 booming square feet, 120 money making seats, reasonable $4,900 month rent (incredible 4% rent factor), long term lease available, open 7 lucrative days 6:00-9:00 breakfast lunch & dinner, established 18 years with vast loyal customer base, full functional basement, large ample parking lot, huge sports complex under construction directly across street, highly acclaimed w rave reviews, welcoming homey ambiance, large booths and tables for larger groups, party room, homemade specials like grandma made, meticulously maintained.Market Competition and Expansion:
Competition: The most popular restaurant in town Growth & Expansion: Huge sports complex under construction across streReason for Selling:
Retiring after long successful run.Additional Details:
- The property is owned.
- 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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