Over 70 Years Profitable Diner for Sale

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Asking Price:
$275,000

Gross Revenue:
$888,000
Cash Flow:
$167,535
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$25,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Other business interests incentivize owner to sell. Located in a high traffic intersection in Chester County, this profitable business is available for sale. Great opportunity for an owner operator looking to own a turnkey busy restaurant. Traditional style diner serving breakfast, lunch and dinner for over 70 years is fully staffed, equipped and successful. Restaurant is 3700 square feet with the same amount of basement space. Stand-alone easy to access business provides ample seating and parking to accommodate the high volume of customers. Separate room available for large parties.
Large & varied family menu satisfies all appetites including finnicky children. Salad bar is a hit with many customers.
Open 7 days a week from 6am to 10pm. New owner can increase already profitable business by extending hours.
PRICE: $275,000 USD
GROSS SALES: $888,000 USD
SDE: $167,535 USD
Call Drew Carney at 610-783-3555, ext 3 (office) or 610-952-8658 (cell). Transworld Business Advisors of Philadelphia Main Line.

About the Business

Year Established:
1940
Number of Employees:
20
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About the Sale

Reason For Selling:
other interests
Training/Support:
2 weeks

Listing Info

ID:
1529816
Ad Detail Views:
623

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Business Listed by

Drew Carney

Transworld Business Advisors of Philadelphia Main Line

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Sponsoring Broker:

Johanne Sermania
Transworld Business Advisors of Philadelphia Main Line

U.S. Census Data for Chester County, PA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Chester County, PA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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