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Free Standing Diner For Sale

California - North
Asking Price:
$450,000 Inventory / Stock included
Sales Revenue:
$1,241,038
Cash Flow:
$177,499

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.

Property information

Real Estate:

Lease

Size in square feet:
3,953

Business Operation

Reasons for selling:

Going into the auto business

Trading hours:

Daily 7:00 to 9:00

Employees:
21
Years established:
2010

Other Information

Support & training:

2 weeks 25hrs per week

Inventory / Stock value:
$9,000 - included in the asking price

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