Local Diner Serving 144 in [City], [State]

Featured on BusinessForSale.com . 24 viewed

Asking Price

$650,000

FOR SALE - ACTIVE

Detailed Information

Location

New Jersey, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This long-standing diner has been an integral part of the community for more than two decades, catering to a lively area with a sizable population of around 250,000 residents, including seniors. With its warm and consistent service, the diner has built a dedicated following. Under family ownership for the last eight years, it has become a cherished local establishment. Featuring seating for up to 144 guests and a reasonable monthly rent of $6,000, this diner is a unique presence in the market, standing out as the sole establishment of its kind in an underserved region. Positioned well for growth and prosperity, there are various avenues for expansion available. The potential to introduce catering and delivery services, along with extending operating hours to accommodate busy breakfast and dinner periods, offers promising opportunities to boost revenue and enhance the diner's success. With a reputation for quality and a reputation for supporting the community, this diner has thrived through its commitment to excellent service. By capitalizing on its loyal customer base and exploring

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