Landmark Diner - Turnkey Opportunity With Property
Location South Carolina,United States
Asking Price Range $250K - $500K
Gross Revenues $279788
Net Profit / Cash Flow $36772
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1964
Number of Employees 10 - 19
Inventory 50120
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training 2 weeks training at no cost to new owner
Reason for Sale Other business interests
Description Established 49 years ago, this iconic diner offers a fresh, reasonably priced menu, a down home feel, and a really fun time. This is a true turn key opportunity with a large, loyal customer base; the owner has developed systems to manage every aspect of the business. The facilities have been well maintained, and .52 acres included in price. Very creative marketing has drawn new customers to the diner, and the current owner plans to help the new owner with the marketing of the establishment. Local development plans will greatly contribute to boosting growth. Additionally, breakfast service could be added to grow the business. The diner also caters, and that business can be grown as well. You'll get a lot of support from the current owner, who owns another business in the area and won't be far away.
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