Very profitable diner restaurant

Asking PriceNot Disclosed

Cash Flow
$1,500,000

EBITDA$1,400,000

Gross Revenue$4,400,000

InventoryNot Disclosed

FF&E$2,500,000
Included in asking price
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Very profitable diner restaurant


Asking PriceNot Disclosed

Cash Flow
$1,500,000

EBITDA$1,400,000

Gross Revenue$4,400,000

InventoryNot Disclosed

FF&E$2,500,000
Included in asking price
Business Description
This 24/7/365 family restaurant serves all-day breakfast, lunch, dinner, and has a Pennsylvania restaurant 'R" liquor license. This is a very successful turnkey restaurant with consistent growth of Sales Revenue, Gross Profit, & Seller Discretionary Earnings over the last 4 years.
About the Business
Years in Operation
15
Facilities & Assets
Restaurant, bar, banquet room, 2+ acre site with 150 free parking spaces. Location is in highly populated area with main road visibility. Near interstate highway interchange.
Market Outlook / Competition
Restaurant is busy 7 days/week. Nearly 90% of customers are repeat customers. Competition comprises fast casual chains and local restaurants.
Opportunities for Growth
Growth opportunities includes adding family-friendly events, promoting the bar with a late night menu, adding rotating craft beer selections, host live music or karaoke on slower nights, promote sports viewing events, create a frequent customer reward program.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
9,300
Rent
$18,000.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will provide reasonable training and transition assistance. Staff is self-sufficient with competant managers.
Listing Info
ID
2440246
Listing Views
17

Contact Seller

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Business Listed by: Fred Kaplan Stony Hill Advisors, Inc.

Listing ID: 2440246 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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