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Businesses For Sale   >>   Absentee Businesses For Sale   

Restaurant Diner For Sale

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $750000
Net Profit / Cash Flow  $94400
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1981
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes.
Reason for Sale  Personal.

Description  
This thirty-years old diner is located at the corner of one of the busiest routes, on Long Island. The diner caters to an area, which is a mixture of different kinds of ethnicity. It is also a commercial area, having many types of businesses, which makes this dinner as a part of the hustling bustling business center. The dinner has the capacity to hold 95 persons at a time. The interior is in an excellent condition; there is a separate place inside the diner, which is used as a bar where the clientele can sit, drink, and dine. It has its own free standing building, having its own car parking. It is a 100% absentee owner business. The seller has two other businesses, so he has no time to supervise this business. He is willing to finance, if a serious buyer is willing to pay him $200,000 as a downpayment. It is a great opportunity for a person who wants to own a food business, in which the seller's financing is also available. Email or call Syed at 631-265-7300 for more information on this restaurant for sale.


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