Well Known Diner
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1025000
Net Profit / Cash Flow $227000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1962
Number of Employees 1 - 3
Inventory 10000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Personal.
Description Well known traditional and immaculate Long Island diner open all night. Serving breakfast, lunch, dinner and late night favorites. This diner offers a long 20 year lease! Great location and established almost 50 years! Seller only works part time. Hard working buyer can greatly reduce payroll. Seller does very little work. Night manager in place. Includes Full basement with bakery section creaing some magnificent and profitable desserts. Their new $9.99 special full dinner menu has generated tremendous business and activity. This diner would make a Landmark eat in and take out Mega Bagel store or barbecue restaurant or steak or seafood restaurant. Landlord owns the diner so would be very cooperative to any creative ideas and uese for this prime property.
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