Owner Burned Out-Wants Out --ICONIC American Diner– Full Liquor Bar

Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$680,000

Inventory$20,000
Not included in asking price
FF&E$120,000
Included in asking price
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Owner Burned Out-Wants Out --ICONIC American Diner– Full Liquor Bar


Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$680,000

Inventory$20,000
Not included in asking price
FF&E$120,000
Included in asking price

Seller Financing Available
Business Description
Iconic "30 years in business" Diner FOR SALE in the South Venice FL area with +/-35,000 cars a day on the street. The restaurant offers early morning breakfast, lunch, and dinner. THE SELLER who owns SEVERAL BUSINESSES locally and out of state and IS GETTING BURNED OUT and is MOTIVATED to SELL! --AGGRESSIVE SELLER FINANCE TERMS OFFERED with $150,000 DOWN. PROOF OF FUNDS REQUIRED -SELLER FINANCE & ALTERNATIVE(private) FUNDING OPTIONS available w/ 700 Credit Score
The restaurant is +/-6,000 sq. ft. space and has a full liquor license. Currently, the restaurant has enormous growth potential if the Bar is expanded and catering is added. The diner operates 7am to 9pm Mon to Sun. This is the perfect family business. The SELLER will FINANCE for "qualified, experienced" BUYER with $150,000 down.

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About the Business
Facilities & Assets
The business includes a 6,000 sq. ft. space, full liquor license, kitchen and bar equipment, and furnishings.
Market Outlook / Competition
The South Venice area including Punta Gorda, North Port, Englewood and Port Charlotte are experiencing massive growth.
Opportunities for Growth
The restaurant’s established reputation provides a competitive advantage in this growing area.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,000
Rent
$8,200.00 per month
About the Sale
Seller Motivation
The current owner is transitioning out of daily operations and seeking a new own
Transition Support
Seller will provide 30days transitional support to the Buyer and will be available for up to 90 days by phone and email after that.
Financing Options
$150.000 Down--Proof of Funds required
Listing Info
ID
2492864
Listing Views
10

Contact Seller

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Business Listed by: Dr.Denis Burke,MBA,DBA Business Broker World

Listing ID: 2492864 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.


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