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Business for Sale Summary

Great Diner & Bakery - 24374

Business Type: bagel stores,bakers & confectioners,convenience store,other eating & drinking places,restaurant/ cafes,best deals!,must sell/drastic price reduction!,new to market,seller financing available
Owner Financing
Great Diner & Bakery
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Financial Information (non-confidential)

General Information
Asking Price $325,000 Down Payment $200,000
Gross Revenues $660,000 Lease Remaining Register Free to View
Owner’s Cash Flow $128,680 Number of FT Employees Register Free to View

Financing

$200,000 Down and $175,000 @ 8% over 5 years

Business Description

A family owned and operated diner & bakery with loads of charm and a loyal following of hungry customers. Great food at awesome prices serving three meals daily. Great location in a stand-alone building near a strip mall with consistent repeat customers enjoy. A FUN PLACE with down to earth pricing. The restaurant is very attractive and was recently updated with new fixtures and equipment in both the kitchen and dining room. A great place for an owner/cook or a family operation. This business grosses $50,000 - $60,000 per week and they are literally putting the competition out of business. Very very long Lease. The lease itself is worth the price of the business. keep in mind that the Diner is a free standing building with a Drive up window with great exposure to a busy state highway

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.