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Business for Sale Summary

Restaurant Diner - 25219

Business Type: retailing businesses,delicatessen/catering services,fast food franchise,nutrition & health food,other eating & drinking places,other food stores,pizza parlour,restaurant/ cafes,special situations,best deals!,new to market,seller financing available
Owner Financing
Restaurant Diner
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Financial Information (non-confidential)

General Information
Asking Price $295,000 Down Payment $150,000
Gross Revenues $425,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$150,000 Down and 145,000 @ 6% Over 48 Months

Business Description

Fabulous restaurant diner with seating for 65. Eleven years old and busy all day long, it is located directly across the street from a LIRR station. Breakfast, lunch, AND dinner are served. The lease @ $2400 per month, includes an apartment that brings in $900.00 per month making the net cost ONLY $1500.00 per month. It's practically free and THERE ARE 24 YEARS LEFT ON THE LEASE! The diner was completely redone after Sandy and includes a walk-in frig and freezer. This one is a gem.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.