This free-standing diner is located on very busy intersection in an East Bay Shopping Center. Fully equipped with a walk in cooler and freezer and a cooking line with a 24 foot hood. It seats 150. The rent is fixed for the remainder of the lease and goes up 3% on the option. Sales are increasing and were up $100,000 in 2016 and have averaged $112,000 a month this year. Delivery business accounts for about $15- 20,000 per month. The owners do some catering, but haven't done any marketing. Growing area with new housing developments. Good opportunity for a experienced operator. NO BROKER COOP.

General Info

  • OrganizationContact For Info
  • Established2010
  • Current Owner2010
  • EmployeesOwners: FT: 2, PT: 0 Employees: FT: 5, PT: 16
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square Feet3,953
  • ParkingContact For Info
  • LicensesContact For Info
  • Open HoursDaily 7:00 to 9:00

Lease

  • Rent$8,500 + $988 NNN
  • Expiration8/31/20
  • Yearly IncreaseContact For Info
  • Option(1) 5yr
  • DepositContact For Info

Financials

  • Monthly Revenue$103,419
  • Monthly Cash Flow$14,791
  • Annual Revenue$1,241,038
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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