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Business for Sale Summary

Diner for Sale in Philadelphia County, PA - 34219

Business Type: seller financing available,restaurant/ cafes/ diners
Owner Financing
Diner for Sale in Philadelphia County, PA
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Financial Information (non-confidential)

General Information
Asking Price $575,000 Down Payment $400,000
Gross Revenues $675,000 Lease Remaining Register Free to View
Owner’s Cash Flow $240,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and Balance at 5% over 60 months

Business Description

Seller Financing is Available. Very profitable! Classic style diner in Philadelphia for sale with real estate priced separately and sold by owner. Located on a major road in a very nice neighborhood, this business has been operating for 75 years and is well known in the area. The structure is a 2500 sq. foot classic dining car with seating for 66 patrons. The property includes .25 acres of land with income generating billboards. Current owner has been operating the business for 28 years and is ready to retire. Excellent potential for growth through increased hours of operation. Cash flow can be proven!!

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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.