Classic Diner with LOW RENT for Sale at Local College

Asking Price$249,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave

Classic Diner with LOW RENT for Sale at Local College


Asking Price$249,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This classic 50s Style American Diner is located in the heart of the college campus and is the ideal spot for a burger and beer. The iconic style of the diner is sure to draw huge crowds.

Expansive front patio with large signs, fireplaces, and marble tables stands out on campus to the thousands of students that pass by daily. Inside is an outstanding dining room with 1950s style booths, a copper bar, TVs, and 24 taps. There is an enormous outdoor patio in the back and event space used to host school parties, events, and clubs. The restaurant is also very popular aside from students surrounded by large family neighborhoods and it frequently caters to local businesses during lunch hours.

2,340 SF Space + 612 SF exclusive outdoor patio

Beautifully built out with a turnkey kitchen, 18' hood, burners, stove, deep fryers, walk-in, and massive keg cooler+tap lines; everything you could possibly need for the perfect diner.

Outstanding low lease rate at just 6% of gross sales per month and the University is very easy to work with and supportive of the business

Restaurant has exclusive rights to the campus's back patio space for in house creative events/overflow of restaurant. Also has rights to all catering for events at the adjacent space and the patio includes 4 additional beer taps for use at all events.

Program with student dining dollars

Plenty of parking on campus and lot in front that does not require a student permit plus two spaces for owners

Training and Support Available
About the Business
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Business Consolidation
Listing Info
ID
2329817
Listing Views
1321

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: David Cutler Woodbridge Investments Inc

Listing ID: 2329817 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. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Coffee shop/ Hookah lounge
$100,000Coffee shop/ Hookah loungeSan Diego, CA
Juice It Up!
$150,000Juice It Up!Featured Franchise
Le Macaron
$100,000Le MacaronFeatured Franchise
Hummus Republic
$150,000Hummus RepublicFeatured Franchise
Papa Murphy's
$125,000Papa Murphy'sFeatured Franchise
Coffee shop/ Hookah lounge
$100,000Coffee shop/ Hookah loungeSan Diego, CA
Juice It Up!
$150,000Juice It Up!Featured Franchise
Le Macaron
$100,000Le MacaronFeatured Franchise