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Business for Sale Summary

Restaurant - 20664

Business Type: retailing businesses,bar/tavern/night clubs,other eating & drinking places,restaurant/ cafes
Restaurant
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This business has received 73 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,475,000 Down Payment $1,475,000
Gross Revenues $1,550,000 Lease Remaining Register Free to View
Owner’s Cash Flow $323,400 Number of FT Employees Register Free to View

Financing

$1,475,000 Down and negotiable

Business Description

This diner sits near to major roads near the parkway, the owner is absentee, therefore has decided to sell since he owns other businesses and is too busy to run this diner. The diner grosses over 1.6 million in sales, also owns the liquor license. He has applied through the town 2 applications to get approval from the town to expand to 42 outside seats (currently 156 inside seating). Definitely a winner, must see.

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.