Local Diner for over 60 years

Asking Price$399,999

Cash Flow
$200,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$200,000

Inventory$1,500
Not included in asking price
FF&E$50,000
Included in asking price
Real Estate$350,000
Included in asking price
Overhead view of building and parking lot
Main Dining area
Building
Bar View
Dishwasher
Walk in Cooler
Overhead view of building and parking lot
Main Dining area
Save1/6

Local Diner for over 60 years


Asking Price$399,999

Cash Flow
$200,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$200,000

Inventory$1,500
Not included in asking price
FF&E$50,000
Included in asking price
Real Estate$350,000
Included in asking price
Business Description
After 13 years of ownership, the current owner of the iconic & classic landmark diner, "Shady Glen" is ready to pass the torch or should we say spatula onto its new owners. Operating for more than 60+ years & considered a neighborhood anchor by many, this Turners Falls eatery features both booth & counter style seating indoors while picnic tables add additional seating outside when weather permits. With seating for 46 patrons, this restaurant is TURNKEY and includes everything a new owner needs to get started including the Original Pie Recipes, restaurant equipment & more!
About the Business
Years in Operation
13
Employees
4
Facilities & Assets
The purchase price includes the building, and the parking lot. There are 19 parking spaces. Also included in the price is the walk-in cooler. freezers, coolers, the grill, stove, fryers, and much more. This is a turn key set up. Selling just the Business with equipment and leasing the space is an option.
Website
https://www.facebook.com/ShadyGlen
Market Outlook / Competition
We are currently entering the busy season. As the weather improves, more people from out of town come to visit. We have a following of people that come to eat at the diner and hear about the time Anthony Bourdain come to visit. We were on one of the episodes.
Opportunities for Growth
We currently offer breakfast and lunch, but originally offered breakfast, lunch and dinner. There is a huge growth potential to anyone that has the drive to put in the hours and be open for all 3 meals again. there are also beer and wine licenses available through the town (We had one for over 10 years) so that is a possibility to expand the beverage options.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
1,190
About the Sale
Seller Motivation
After 13 years in the restaurant business, I'd like to have some more free time
Financing Options
No Financing, [possible lease option available.
Listing Info
ID
2363695
Listing Views
891
Business Location

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Business Listed by: Charles Garbiel

Listing ID: 2363695 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.