Landmark Diner in SE Broward County

Florida (Broward)

  • Asking Price: $999,000
  • Gross Income: $2,189,315
  • Cash Flow: $412,799
  • Real Estate: Not Disclosed
  • Inventory: $8,000
  • FF&E: $80,000
  • Listing ID: #209217
  • Established: 2004
  • Employees: 10 FT / 3 PT

Business Description

Reason For Sale: Focusing on Franchising- Landmark Diner in SE Broward County. Established for over 14 years. Sales of $2 million + with an owner benefit of $400k. Perfect books & records. Bank Qualified with 20% Down. Visa qualified (Tax Returns on file & W2 employees). Large kitchen & dining area which seats 200. Free Standing Building (3,000 sq ft) located in a destination outside mall with many National anchors. Lease extends to 2028. Experienced kitchen staff in place. Owner benefit is a working owner replacing the manager. Purchaser will become a licensee and have the competitive advantage of the Corporate food buying group, continuous Corporate training/support, website & social media maintenance + use of branded name.

Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Broward

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10 FT / 3 PT

Financial Information

Asking Price: $999,000
Gross Revenue: $2,189,315
Cash Flow: $412,799
FF&E: $80,000
Inventory: $8,000
Seller Financing Available: Yes

Property Information

Reason for selling:

Focusing on Franchising.

Support & Training:

Will train for 4 weeks @ no cost

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers