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This Business has been Sold!
Closing Date: 04/13/2011
Broker: Jim Aloi
Business for Sale Summary

Nassau County Diner - 12563

Business Type: other eating & drinking places,restaurant/ cafes/ diners
Nassau County Diner
On April 13th 2011, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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Financial Information (non-confidential)

General Information
Asking Price $525,000 Down Payment $525,000
Gross Revenues $1,345,000 Lease Remaining Register Free to View
Owner’s Cash Flow $445,899 Number of FT Employees Register Free to View


$525,000 Down and

Business Description

Nassau County Diner located in nice area near lots of commercial & businesses. This very clean, 2500 square foot diner offers a nice kitchen & full basement. Seller offers property on his own for a additional $1.4 million, total asking price is just under 2 million. Property taxes only $24,000 per year. Seller seeks to sell business & property together. Motivated seller. This diner has a steady, solid flow of business, it is small but profitable. Seller does no advertising or promoting. This diner can bring business up 20% by offering delivery service. After real estate note seller takes out about half around $225,000

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.