Iconic Diner
Location:
United States
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Florida
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Broward County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Established diner 48 years! This is an icon! Free standing building with high traffic count. 82 seats indoors, 50 outside on patio which has new misting machine. Other new items include A/C, walk-in, sprinkler system, drainfield, new roof and remodelled bathrooms. Real estate has 2 assumable loans with balances of 254,000 with payments totaling $2,492. If business purchased w/o real estate rent would be $5,300 per month. Please refer to listing number 164-09882 broker Claire Berger when inquiring about this Diner for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$500,000
Cash Flow:
$139,112
Cash Flow Type: Sellers Discretionary Cash
Inventory: $204,000
Seller Financing: Yes
About The Business
Year Established: 1961
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will train for 2 weeks at no cost. Reason For Selling: Relocating.
Photos
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Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700109649
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