MergerPlace

Free Standing Diner - Sales of $100K+

California


  • Asking Price: $450,000
  • Gross Income: $1,241,038
  • Cash Flow: $177,499
  • Real Estate: Not Disclosed
  • Inventory: $9,000
  • FF&E: Not Disclosed
  • Listing ID: #201385
  • Established: 2010
  • Employees: 21

Business Description

This free-standing diner is located at a very busy intersection in the East Bay. It seats 150. The rent is fixed for the remainder of the lease and goes up 3% on the option. Sales are increasing and were up $100,000 in 2016 and have averaged $112,000 a month this year. Fully equipped with a walk in cooler and freezer and a cookline with a 24 foot hood. Delivery business accounts for about $15- 20,000 per month. The owners do some catering, but haven’t done any marketing. Growing area with new housing developments. Good opportunity for a experienced operator.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: California

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 21

Financial Information

Asking Price: $450,000
Gross Revenue: $1,241,038
Cash Flow: $177,499
Inventory: $9,000
Seller Financing Available: No

Property Information

Reason for selling:

Going into the auto business

Support & Training:

2 weeks @ 25hrs per week

Contact Business Seller

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Business Listed By:

Michael Floorman

Business Team