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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Landmark Diner

Location  New York,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2000000
Net Profit / Cash Flow  $276196
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1994
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  As needed.
Reason for Sale  Retiring.
Description  This is a Landmark Diner for sale, serving Fresh Seafood, Steaks , Chops, daily specials, fully stocked bar and seating is over 147 at full capacity. This diner sits on one of the busiest corners of Long Island , and about to get busier when the town ordinance passes high rise building permits in the town within the next 12 months..( terrific upside for a new operator))The diner is fully remodeled and can use some minor improvements to bring the $42k weekly gross to the $65k gross where it used to be. The current lease reads 16 years left with the first right of refusal! and a possibly to purchase the property within the next 3 years. there are many factors that a new operator can do to increase revenue. ( see broker)
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