39 yr. Restaurant Family Diner includes the Real Estate & Equipment. Priced below the value of the real estate ... priced below appraised value. Open to offers. Owner is almost 80 and needs to retire. Recently closed in '25 & needs to hand off the baton to the next generation of owners. Lovely Rural/country area 1 hour south/ east of Tampa FL on a major traffic HWY in town. 1.5 acres. Parks 50 paved spots plus large overflow grass area. New Roof. Seats 150. American style food. A well loved spot for the locals, are hoping a new owner re-opens Diner. Buyer may keep the current concept or change it. Net profit was around $240K on the P&L thru final months. 10% down for qualified buyers. Please show proof of funds. Priced below appraised value.
- Asking Price:
- $700,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,101,824
- Cash Flow:
- $237,237
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
Well maintained older building. Roof & AC & parking lot in good shape.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Can bring in new energy, upgrades, menu, or keep it the same.
- Competition / Market:
-
Large rural farming population happy to have somewhere close to go out to eat.
- Reasons for selling:
-
Up in age -- ready to retire and pass it on to next owner.
- Trading hours:
-
Tues-Thurs 7am-2pm; Fri-Sat 7am-8pm; Sun 7-3pm
- Employees:
- 15 FT
- Years established:
- 39
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$70K down/$160K over 32 mos. @ 5%/Other Financing.
- Furniture / Fixtures value:
- $162,000 - included in the asking price
- Inventory / Stock value:
- $4,000 - included in the asking price
