Absentee owner opportunity featuring a well established neighborhood diner serving classic American comfort food in a warm and welcoming atmosphere. Known for hearty breakfasts, traditional lunch and dinner favorites, and friendly service that has built a loyal customer base. Fully operational with trained staff and systems already in place, allowing for minimal owner involvement. Turnkey restaurant with equipped kitchen, dine in seating, steady repeat business, and strong potential for growth through expanded hours, catering, or marketing.
- Asking Price:
- $130,000 Inventory / Stock included
- Sales Revenue:
- $504,603
- Cash Flow:
- $60,916
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The business is located in a 2000sf suite. The lease expires 3/1/2029.
- Leasehold Rent:
-
$5,500 per annum
- Location:
-
The restaurant is located right off of a prime street by many businesses and schools.
- Premises Details:
-
This business is in a leased suite in a strip mall.
Business Operation
- Management type:
- This business has absentee ownership.
- Expansion Potential:
-
This business has the space to extend hours of operation. The Diner was previously operating on Friday nights with a full menu and specials from 2013-2023. Due to the owner living out of town, they switched to breakfast & lunch only. The buyer could implement and market weekends again to potentially add massive profits.
- Competition / Market:
-
The spacious and welcoming layout makes it an ideal venue for local groups, clubs, and associations to host regular meetings and events, creating a vibrant, social atmosphere that keeps the diner buzzing throughout the day.
- Reasons for selling:
-
The owned has relocated.
- Trading hours:
-
Monday - Sunday
6:30am - 2:00pm
- Employees:
- 12
- Years established:
- 26
Other Information
- Support & training:
-
The current owner will train for 1 week in person and be available by zoom/phone for up to 30 days.
- Furniture / Fixtures value:
- $35,000
- Inventory / Stock value:
- $2,500 - included in the asking price
