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Asking Price$4,100,000
Revenue$5,700,000 Established1965
Cash Flow$826,000 Employees25 full, 45 part
FF&E$700,000 FranchiseNo
Inventory$100,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 32276

Large Diner/Restaurant is a neighborhood institution for55 years-This bustling $110,000-$120,000 per week )renovated main road Queens diner is offered for sale.4800 sq. ft.( 4800 sq ft basement) diner seats 9 at counter and 180 in 2 dining rooms. Seasonal outdoorpatio with 15 tables. Huge take-out and delivery businessrequire 6 phone lines and fax machine. Huge daily morning catering to many local schools, commercialaccounts (over 30 reg.accts) requires 1-2 dedicated vehicles.Delivery is huge 40% of the business and can be expanded. Full basement- 7 walk-ins and freezers. Full liquor license. Full breakfast, lunch, dinner and late-night menu. Made fresh daily with the finest ingredients.Delivery van included in sale. Bright with windows all around. Main road locations surrounded by denseapartment blocks and middle class multi family homes.All furniture, fixtures, equipment and kitchen have beenreplaced within the past ten years. Business over staffedin kitchen and managers with over $100k in excesssalaries.18 years left on lease. Local diner competitionclosing this summer. 24/7 diner is always crowded.Free standing with plenty of parking. The owner requires that buyers provide Proof of fundsand prior restaurant background for the name andlocation of this unique money making business and a meeting with the owner. Contact broker Joseph Stanskyfor more details. 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.

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Training/Support:Seller will train
Seller Financing:3,100,000.00 Down & $1m over 5 years @5%
Sale Reason:Retirement
Ad #121376
Seller Reference #32276
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