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Diner Business In Quaint Town Near Lafayette
Location Louisiana,United States
Asking Price Range < $250K
Gross Revenues $192000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2012
Number of Employees 6 - 9
Inventory 10000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Available
Reason for Sale Other Business Interest
Description Originally built as a gas station and convenience store, then later converted to a small diner with a new drive-thru window, this building sits on just over half an acre of land and is located on a high traffic highway in a predominately residential area. A new owner could easily handle gasoline again for added profits and to generate inside food sales, or convert back to a convenience store with a full service kitchen. In fact, there is no other business in town that sells gasoline, so business could be expected to do very well with the addition of gas sales. Tanks have been insured and are ready to be used again, but the pumps would need to be serviced or replaced. Therees more than enough parking all covered with gravel.
Diner recently closed, and seller is tired of leasing, so hees dropped his price to well below the appraised value. Real estate appraised for $93,000 in March 2009, and the value should be greater now because therees a brand new sewage treatment plant and two new out buildings used for storage, boiling seafood and barbequing. Diner seats around 30 customers, but a lot of business was done at the drive thru window. Video Poker could be added if desired.
Seller has other interests and is highly motivated for a quick sale. He is willing to consider some owner financing. Everything is negotiable. Come meet this seller and see if this is the opportunity youuve been looking for.
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