1015 Buyers Online Now
Buy Business Sell Business Business Brokers My Account

Authentic North Shore Diner For Sale-30660

Suffolk County, New York, United States
Photos Website Map
Asking Price$190,000
Revenue$670,968 Established1918
Cash Flow$139,293 Employees4 full, 10 part
FF&E$100,000 FranchiseNo
Inventory$4,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Authentic North Shore Diner. Established for nearly 100 years, it is a landmark in the community. This is a traditional diner, serving breakfast, lunch and dinner in an affluent community. YOU CAN KEEP THE CURRENT CONCEPT OR BRING IN SOMETHING NEW. They have a huge open air kitchen, with counter service and total seating for at least 50 patrons. It is a full kitchen with hood. The business occupies 1,500 sf., and also has a full 1,500 sf. basement with storage space, walk-in refrigerator and freezer. There are 5 years left on the current lease, at a rent of $4,000/month (including tax and CAM). The landlord is willing to offer a new lease of 10 years (or better) for a qualified tenant with good credit. They have their own parking lot for 25 cars, plus street parking. In the past year the business grossed approx. $728,000.00 with a cash flow of approx. $139,293.00. We are seeking a serious and financially qualified buyer with at least $125K in liquid funds to cover the downpayment. To learn more, please call Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:Seller will train buyer.
Seller Financing:125,000.00 Down & $65K over 4 yrs. @ 6%.
Sale Reason:Retirement.
Ad #100322
Seller Reference #30660
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Vested Business Brokers
Vested Business Brokers
Email Address