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Restaurant with real estate

238
St. Paul-Minneapolis-Twin Cities, Minnesota, United States
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Asking Price$255,000
Revenue$976,200 Established1964
Cash Flow$173,027 Employees5 full, 23 part
FF&E$100,000* FranchiseNo
Inventory$10,000* RelocatableNo
Real Estate$295,000 Home-basedNo
* Included in Asking Price
Successful Restaurant and real estate for sale. Recognizable restaurant with many years of success is a great opportunity! Buy this free-standing iconic Diner and Real Estate for Sale that has six figure annual income. Over 50 years of Goodwill. This restaurant has been operating under local ownership for years. The owners are ready to retire and have offered this iconic diner for sale. The restaurant is well known in the community for its friendly service and quality food. The restaurant had gross sales in 2019 of almost $1 million of revenue and earnings to the retiring operator in excess of $170,000. The current seller operates this business with minimal advertising and social media presence. Opportunity to build this business through longer hours, website design, delivery service, and social media.
The owner of this diner for sale also owns the land and building. The restaurant is free-standing and has a large dedicated parking lot. The restaurant seats over 100 guests. The diner for sale is open seven days per week for breakfast and lunch. The breakfast menu is complete with all of your favorite standards, eggs, omelets, pancakes, french toast, and more are prepared by the staff. Lunch and dinner include soups made from scratch, comfort foods, burgers, salads, and sandwiches. The chefs prepare daily specials so the customers will never tire of visiting
The business has been pre-qualified for an SBA Term Sheet. Business and real estate available to a qualified buyer with low down.  Business price $255k and real estate $295k.
To learn more, please call Sunbelt Business Brokers; Mike Wheelock 952.210.1672 or Nacia Dahl 952.210.1692
Seller Financing:SBA down payment 10% including RE
Sale Reason:Medical/retirement
Ad #104328
Seller Reference #MINNEMN003-N1746
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Nacia Dahl
612-455-0880
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