Popular Country Diner (ID: 1095687)

FINANCIAL DETAILS
Asking Price: $99,500
Gross Revenue: $325,000
Cash Flow: $32,500
Inventory: $2,000 ++
Real Estate: $299,000 **
FF&E: $70,000 ++
Business Listed by Paul CushmanCushman & AssociatesView All of My Listings
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Popular Country Diner
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Business Description

Business Description: Popular country Diner on major thoroughfare.

Cash-Flowing Restaurant that is priced to sell. Family Diner has been staple of this bedroom community for close to 50 (fifty) years. This is the place to be for breakfast and lunch for this Atlanta Metropolitan Exurb. Serving mouth-watering specials, motorcycle riders and locals flock to this Diner/restaurant for the best food in town. Located on a major state highway, this business has a total gross income of $325,000+ and a consistent discretionary income of over $32,500 to the owner operator. The facility is approx. 3,600 sq ft for the restaurant is part of over an acre of prime commercial space that is also for sale. Plus, a large storage warehouse that can be used for storage, or additional rental income. With the right marketing plan and targeting more tourists from the adjoining I-575, this business can be further improved and developed. With consistent dependable income, this is an excellent opportunity and must be seen to fully appreciate.

Detailed Information

Facilities:

Excellent location, right on major state highway, where this is the primary choice to eat for people living and working in this bedroom community. Storage shed also on property.

Competition:

Low competition - no other Diners in area

Growth/Expansion:

Possibility of growth and expansion due to minimal marketing.

Year Established:

1961

Note:

Remodeled in 2001 to add 1,500 SF space in restaurant.

About the Business

Year Established: 1961
Number of Employees: 2FTE, 8PTE

Facilities: 3600 Square Foot Facility on approximately 1 Acre; Storage Warehouse Building in back of lot leased for additional source of revenue.

Market Outlook/Competition: Really the only game in a small country town nestled on a highway between bustling Metro Atlanta and the north GA mountains, a popular getaway destination. Located at the northern edge of the growing Atlanta suburbs.

About the Sale

Reason For Selling: Retire; see Grandchildren more

Training/Support: 2 Weeks

Gross Revenue Comments: Has grown steadily for past 3 years

LISTING KEYWORDS: Diner, Restaurant, Quaint, Breakfast, Lunch, Atlanta, Pickens, I-575, Highway, Commercial, Land for Sale, Lease Income, Income, Georgia, exurb, suburb, metro, metro Atlanta, metro ATL

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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness.Please review our full Terms & Conditions here.

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