Established profitable diner with family ambiance serving excellent food and service to loyal clients. Lowest prices in area. Top location at crossroad of two major avenues in nice town. Inside huge strip shopping mall next to Shoprite, Starbucks, CVS Pharmacy, Urgent Care, TJ Maxx, laundromat and many other stores. Remodeled 7 months ago with brand new booths, floors, bathrooms, utensils, good condition equipment, plenty parking, and growth potential.
- Asking Price:
- $189,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $670,000
- Cash Flow:
- $138,264
Property Information
- Premises Details:
-
500 sf in huge strip mall with plenty of parking next to Shoprite, Starbucks, CVS, TJ MAXX, Urgent Care, laundromat, etc. Lease 5+5. Remodeled 7 months ago new dining booths, floor, bathrooms, utensils, all equipment in good condition.
- Size in square feet:
- 1,500
Business Operation
- Expansion Potential:
-
Increase prices, advertise, and offer daily or weekly promotion. If new owner can cook, they can easily increase profit by $52,000 by replacing current cook. Expand delivery service.
- Competition / Market:
-
Larger one near by, but this one offers better location & lower prices.
- Reasons for selling:
-
Very busy in his other businesses, cannot run it.
- Trading hours:
-
Mon-Fri(7am-7pm) & Sat-Sun(7am-3pm)
- Employees:
- 6F/T & 2P/T
- Years established:
- 60
Other Information
- Support & training:
-
3 weeks
- Furniture / Fixtures value:
- $50,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price
