50's Style Diner, Money Maker, Manager Run
Asking Price: | $695,000 |
Gross Revenue: | $1,600,000 |
EBITDA: | $200,000 |
Cash Flow: | $200,000 |
Rent: | $14,851 |
Established Year: | 2010 |
Beautiful 50's Diner, with a tons of memorabilia included in the sales price. Service is fast food style where you order at the counter. Not a full service, table order restaurant. Business is manager run. Owner spends little to no time at the business as the owner lives 2 Counties away and rarely comes to the restaurant. Manager is paid a high salary and a new owner operator can save a $100-150,000 a year on manager salary.
Above sales and net profit are taken from the 2023 Corporate tax return.
This is a very clean operation, in need of new, loving ownership ready to spend time in this beautiful business and see it grow.
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