Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Authentic North Shore Diner For Sale

New York
Asking Price:
$190,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$670,968 (USD)
Cash Flow:
$139,293 (USD)

Authentic North Shore Diner. Established for nearly 100 years, it is a landmark in the community. This is a traditional diner, serving breakfast, lunch and dinner in an affluent community. YOU CAN KEEP THE CURRENT CONCEPT OR BRING IN SOMETHING NEW. They have a huge open air kitchen, with counter service and total seating for at least 50 patrons. It is a full kitchen with hood. The business occupies 1,500 sf., and also has a full 1,500 sf. basement with storage space, walk-in refrigerator and freezer. There are 5 years left on the current lease, at a rent of $4,000/month (including tax and CAM). The landlord is willing to offer a new lease of 10 years (or better) for a qualified tenant with good credit. They have their own parking lot for 25 cars, plus street parking. In the past year the business grossed approx. $728,000.00 with a cash flow of approx. $139,293.00. We are seeking a serious and financially qualified buyer with at least $125K in liquid funds to cover the downpayment. To learn more,ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Property information

Real Estate:

Lease

Business Operation

Employees:
14
Years established:
11

Other Information

Support & training:

Yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

125,000.00 Down & $65K over 4 yrs. @ 6%

Furniture / Fixtures value:
$100,000 (USD) - included in the asking price
Inventory / Stock value:
$4,000 (USD) - included in the asking price

Contact Information

    1. Your Address

    2. Optional
  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Vested Business Brokers HQ. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here