The price has just been reduced for this SBA loan pre-approved popular Breakfast, Lunch and Dinner franchise diner with a beer and wine license. Bank will lend up to 75% of the purchase price to well qualified buyers with strong financials and good credit. Extremely popular and successful franchise Diner located on edge of major city right on I-5 Hwy, surrounded by many other franchise restaurants and in a major shopping mall. Annual sales of $1.486,000 producing 12% profit ($175,000). Seating for 120 indoors plus an attractive outdoor patio seating a further 40. Fully fitted kitchen which is only three years old since the total new build-out in 2015, costing in excess of $950,000. The Lease still has 12 years remaining and there is also a ABC type 41 beer and wine license included with the sale. The franchise is local to California and has only a 4% royalty fee which is low for this style of restaurant. Please complete the 'Non Disclosure Agreement' on our site and we will send you the name and address with the full financial information, lease & the list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established2000
  • Current Owner2015
  • Employees30
  • Reason For SaleOther Interests

Facilities

  • Seating120 + 40 Patio
  • Square Feet3800
  • Parking100+ Parking Lot
  • LicensesHealth, Business & ABC Type 41 License.
  • Open Hours6am - 11pm Daily

Lease

  • Rent$10,381 including NNN
  • Expiration2025
  • Yearly Increase2.3%
  • OptionTwo 5 year Options
  • Deposit10,000

Financials

  • Monthly Revenue$123,833
  • Monthly Cash Flow$14,584
  • Annual Revenue$1,486,000
  • Annual Cash Flow$175,000
  • 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.

Location