An iconic, popular Diner located in Northern Los Angeles County. SBA Pre-approved for an 85% loan. This restaurant has been serving from-scratch American and south-of-the-border favorites in this truly unique building since 1964. Yep, that's right -- they've got over 50 years of meals and memories under their belts. Curious what keeps patrons coming back year after year? It's the warm, personable service and feels-like-home dining space that draw the local community for breakfast, lunch, and dinner time and time again. Whether you want to curl up in a corner booth next to one of the fireplaces or dine al fresco on the shaded outdoor patio, you're always welcome to be a part of the family. "Amazing breakfast burrito that felt super healthy and light. Came with egg whites and tender chicken. I really enjoyed it. I asked for their hot sauce on the side and it made the burrito even better. I would have to say one of the best breakfast burritos I have had. I would definitely order again." Mostly booth seating indoors for 120 and patio dining for a further 80 along with an ABC type 47 hard liquor license, this restaurant produces $4.3 million in annual Gross sales (average monthly gross $360,000) producing $743,000 in Profit. Open from 7.00am - 9.00pm daily with 2 parking lots and a 30ft custom, backlit Pylon sign. A Fully loaded kitchen, ample parking, in a glorious setting with so much more! To receive more information and discuss this opportunity with the broker along with the broker's connections for a long-term SBA loan solution, please complete the 'Non-Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail

General Info

  • OrganizationCorporation
  • Established1964
  • Current Owner2019
  • Employees40
  • Reason For SaleOther Interests

Facilities

  • Seating200
  • Square Feet4,554
  • ParkingLarge Parking Lot
  • LicensesHealth, Business & ABC Type 47 License
  • Open Hours7.00am - 9.00pm Daily

Lease

  • Rent$19,787
  • Expiration2029
  • Yearly IncreaseContact for Info
  • Option5 year lease option
  • Deposit$25,000

Financials

  • Monthly Revenue$358,000
  • Monthly Cash Flow$61,924
  • Annual Revenue$4,285,169
  • Annual Cash Flow$743,093
  • Payroll$121,145

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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