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Business for Sale Summary

Diner for sale in New Haven, CT - 31357

Business Type: other eating & drinking places,seller financing available,restaurant/ cafes/ diners
Owner Financing
Diner for sale in New Haven, CT
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Financial Information (non-confidential)

General Information
Asking Price $225,000 Down Payment $112,500
Gross Revenues $988,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View

Financing

$112,500 Down and 112500 at 5 % over 36 months

Business Description

New Haven County classic diner for sale open 7 days a week. This diner seats over 120 people (enough space for new owner to seat 150) and is currently open for breakfast, lunch, and dinner. This business does no marketing, no advertising which will boost sales for you (not to mention the high sales you?ll generate with a grand opening/change of ownership announcement). Over 75 parking spaces surround this very clean, well-kept 3,500sqft diner. It comes with a clean beer and wine license. Sales are $19,000/week including sales from catering. Seller currently manages this business part-time. A fully involved operator can increase cashflow even more! In a prime location with 25,000 to 30,000 cars driving by every single day, this would also be perfect for someone with their own concept or chain to come in and take advantage of the location, infrastructure, and very long lease! On top of it all, there is even an outdoor patio.

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.