Seller Financing is Available. Very profitable! Classic style diner in Philadelphia for sale with real estate priced separately and sold by owner. Located on a major road in a very nice neighborhood, this business has been operating for 75 years and is well-known in the area. The structure is a 2500 sq. foot classic dining car with seating for 66 patrons. The property includes .25 acres of land with income-generating billboards. The current owner has been operating the business for 28 years and is ready to retire. Excellent potential for growth through increased hours of operation. Cash flow can be proven!!
- Asking Price:
- $575,000 Inventory / Stock included
- Sales Revenue:
- $675,000
- Cash Flow:
- $240,000
Property Information
- Location:
-
Philadelphia County, Pennsylvania
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 11 FT/3 PT
- Years established:
- 28
Other Information
- Support & training:
-
Seller will train
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
400,000.00 Down & Balance at 5% over 60 months
- Furniture / Fixtures value:
- $110,000
- Inventory / Stock value:
- $22,000 - included in the asking price
