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Business for Sale Summary [Non-Confidential]

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ID:20981

Well Known Diner

Suffolk County, NY

Business Type: retailing businesses,other eating & drinking places,restaurant/ cafes

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $600,000.00

  • Gross Revenues

    $1,025,000.00

  • Financing

    $ 600,000.00 Down and 10 plus years TBD.

  • Owner's Cash Flow

    $227,000.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

Well known traditional and immaculate Long Island diner open all night. Serving breakfast, lunch, dinner and late night favorites. This diner offers a long 20 year lease! Great location and established almost 50 years! Seller only works part time. Hard working buyer can greatly reduce payroll. Seller does very little work. Night manager in place. Includes Full basement with bakery section creaing some magnificent and profitable desserts. Their new $9.99 special full dinner menu has generated tremendous business and activity. This diner would make a Landmark eat in and take out Mega Bagel store or barbecue restaurant or steak or seafood restaurant. Landlord owns the diner so would be very cooperative to any creative ideas and uese for this prime property.

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