Classic Vintage Diner for Sale in New York, NY - 32333 Business Type: bar/tavern/night clubs,catering and event planning,delicatessen/catering services,ice cream parlour/frozen yogurt stores,nutrition & health food,other eating & drinking places,seller financing available,restaurant/ cafes/ diners
Financial Information (non-confidential)
$400,000 Down and $200,000.00 in seller financing at 6% over 24 months
Price Just Reduced! You now have the opportunity to become
just the third owner of this Vintage Classic Diner since its
founding 80 years ago. It still operates under the same name
today, as it did when it first opened. The current owner of
40 years has serious health issues and is eager to sell as soon
as possible, but not without providing you with all the transitional
support and training you will need to make it even more successful.
He expects that all of the loyal staff will want to stay on.
The staff practically operates the diner on its own with maybe
10 hours/week of hands-on supervision by the ownership.
Approximately 55% of of gross revenues are by credit cards,
40% in cash, and 5% from internet delivery orders. The diner
is surrounded by three colleges and two major hospitals.
The former provides a boost to sales from Labor Day through
Memorial Day and the latter account for large catering orders
year-round. Internet delivery and catering orders can be
significantly grown with just a modicum of effort by a new owner.
Rent with real estate taxes is $31,750/month for this 1,000 sq ft.
prime Manhattan corner location. It comes with a basement for
refrigerated & dry storage and much more. Store hours are from
6am-9pm during the week and from 7am-7pm on the weekends.
Please do not say anything to the employees or customers
when visiting the diner, as they do not know it is for sale.
Then, kindly email the listing broker, Jay Goldman,
at email@example.com to make an appointment for a
tour of the facilities and to speak with the owner. Please obtain
the address for listing 32333 from www.vestedbb.com before
contacting Mr. Goldman.
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 firstname.lastname@example.org 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.
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