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Long Standing Diner In New York For Sale

New York, US
Asking Price:
$375,000
Sales Revenue:
$1,500,000
Cash Flow:
$200,000

LISTING ID # 34999

This is a long established diner that has just been put on the market in Westchester County, NY. This establishment sits on a high traffic & busy road, with the building being about 2500sqft. This restaurant business sees a large number of clients every single day, pulling in about $1.6m in gross revenue. After paying everything off the current owner is taking home $200k, this is a very lucrative business that can be scaled up even more with the right new owner. With amazing terms being offered there is no reason this deal should sell fast so act now.

Business Operation

Reasons for selling:

Retirement

Employees:
8 FT/4 PT
Years established:
29

Other Information

Support & training:

Seller will train

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

200,000.00 Down & balance $175k for 36 months @ 7%

Furniture / Fixtures value:
$75,000
Inventory / Stock value:
$10,000