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Listed by:

Transworld Business Brokers of Central Florida

Established American Diner Only 20k Down! In Marion County For Sale

Marion County, Florida, US
Asking Price:
$99,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$800,000
Cash Flow:
$50,000

ONLY $20,000 Down gets you into this gorgeously renovated restaurant, which has 4000 square feet and 140 seats total! The business consists of 75% breakfast, 20% lunch and 5% dinner sales.

Grow the dinner crowd and watch your profits soar! Seller suggests being an Owner-Operator or focusing on labor costs, which is keeping them from higher profit margins. A banquet room is used for larger groups and could be utilized more consistently for extra profits! The seller boasts that the employees are wonderful and there is little turnover! The owner is selling due to other interests overseas.

The lease is assumable and has 3 years left with 2 more (5-year) options. With the renovations, the solid staff, an extraordinary term left on the lease and offering Seller Financing, with ONLY $20K down, this is a no-brainer! Call today to find out more! This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

Property Information

Real Estate:

Lease

Lease Terms:

Type of Location Strip Center

Monthly Rent $4,832.00
Square Units (Foot, Meter) 4,000

Lease Expiration Date January 31, 2027, 3:00:00 AM
Terms Options Two 5-year Options

Leasehold Rent:

$4,832 per annum

Location:

Type of Location: Strip Center

Size in square feet:
4,000

Business Operation

Reasons for selling:

Other Interests

Trading hours:

M-F 7:00am-7:00pm, Sat & Sun 7:00am-4:00pm

Employees:
18
Years established:
1

Other Information

Support & training:

Will train for 2 weeks @ no cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Financing Terms $79,000.00
Owner Financing Interest 7%
Owner Financing Terms Months 24
Owner Financing Monthly Payment $3,537.03

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$8,000 - included in the asking price