Landmark Diner for sale - Profitable and long established

Listing Number: 0101-585264

Description

High Volume & Profitable Diner is offered for sale. This old fashioned diner serves breakfast, lunch & dinner to locals and tourists for over a decade. Sales are around $1 million per year while serving only breakfast and lunch on weekdays. Now open on Sundays and serves dinner during weekends. As per seller, owner benefit is around $200K. Open 7 days/week. Beautiful built-out. Building and equipment are well maintained. Hurricane windows to be installed soon. Seating capacity 49 inside, 12 outside. Experience staff in place. Excellent ratings on Yelp, Google & TripAdvisor. Buyer must have experience in restaurant business. May qualify for a visa. This landmark diner is ready for a new owner to continue its legacy.

Listing Details

• Price: $525,000
• Down Payment: $475,000
• Sellers Discretionary Earnings: $193,378
• Total Sales: $963,043
• Location: Broward County, Florida


• Inventory: $7,000
• FF&E: $80,000
• Employees: 15
• Year Established: 2009
• Reason for Selling: Other business interests
• Category: Restaurants