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- RE: Neighborhood Diner
- Contact: Corporate
Quick Facts
| Asking Price: | $650,000 | |
| Annual Revenue: | $514,889 | |
| Net Profit: | $267,008 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | $215,008 | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 4 | |
| BBN Listing #: | 951571 | |
| Broker Reference #: | 1031 |
Business Overview:
This established diner has been a cornerstone of the community for over 23 years, serving a vibrant area with around 250,000 residents and senior citizens. Known for its welcoming atmosphere and consistent quality, it has built a loyal customer base. Family-owned for the past 8 years, it has become a beloved local fixture. The diner offers ample seating for 144 patrons and enjoys a reasonable monthly rent of $6,000. It stands out as the only diner of its kind in a large and underserved market, making it well-positioned for continued success and growth. There are significant opportunities for expansion, including adding catering services and delivery options. Additionally, extending the current operating hours could help capture the busy early breakfast and dinner rush periods, further increasing revenue.
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Reason for Selling:
personalAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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