Diner For Sale in Grove City

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Asking Price:
$225,000

Gross Revenue:
$500,000
Cash Flow:
$80,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

This very popular and long-standing Diner is for sale. They have been in this location for decades and by this owner for 10 years. This is located in an area is that is fast developing with new apartments, homes, and retailers opening up. The sales are close to $500,000 with profits over $80,000. This is open for breakfast and lunch only, so the owner has every evening to do as they please.

The area has loans at 3% interest for local businesses that might work for a new buyer

The Sale is HIGHLY CONFIDENTIAL- all interested parties will be required to sign the Confidentiality agreement

About the Business

Location:
Grove City, Ohio
Year Established:
2010
Real Estate:
Leased
Building Sq. Ft.:
2,201
Rent:
$1,470.00 Per Month
Facilities:
This diner is 2201 Sq. ft and features a dining room that seats 95, kitchen with hood, and a full basement for storage. Sale includes Name, recipes, and all FF&E,
Inventory is about $10,000 purchased outside sale.
Website:
sokolandassociates.com/confidentiality-agreement.html
Market Outlook/
Competition:
Many local events hosted nearby that draws in customers
Growth & Expansion:
This is a great restaurant that has a huge future with the area developing the way it is
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Listing Info

ID:
1649409
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Confidentiality, Disclaimer & Pu... (185 KB)
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Business Listed by

Randy Sokol

Sokol & Associates

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