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Business for Sale Summary

Popular Diner for sale in NY - 34931

Business Type: other eating & drinking places,owner financing available,restaurant/ cafes/ diners
Owner Financing
Popular Diner for sale in NY
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This business has received 92 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $100,000 Down Payment $100,000
Gross Revenues $265,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View


$100,000 Down and TBD

Business Description

Incredible opportunity to own this very busy diner on a heavily traveled street in Long Island City. This charming diner is a fantastic way to get involved in the Food and Beverage industry without breaking the bank. At just over 600 sq ft, and a modest rent of $5400 per month, the potential to maximize profits is limitless. Open from 7am to 3pm, the owner has suggested that longer hours would definitely increase revenue. A more extensive lunch special is another way to increase business, as well as creating a website to target even more diners. Located near several large stores, their takeout business is robust. Inside, there is countertop seating for 14 plus several booths for larger parties. In the warmer months the owner also provides outdoor seating. Mostly a cash business, the store grosses over $12,000 per week. Please be very discreet when visiting the store since the employees are not aware of the owners intentions.

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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.