Diner - $300K Net
Location Maryland,United States
Asking Price Range $500K - $1.0M
Gross Revenues $780000
Net Profit / Cash Flow $300000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1985
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description Diner for sale: Owner will stay for 1 to 2 months to help new owner. Clientele doesn't know who the owner is, so taking over will be very easy. Each year business has grown. Owner will help new owner adjust. Build out $200k. Caters to big parties and banquets. Turn key business. Seats 80 to 120 people.
Very busy diner in a good location.
County: Frederick.
State: MD.
Reason for Sale: Has another business to operate.
Building Size: 5,000 Sq. Ft.
Store Hours: 7 days a week, 6:00am-11:00pm.
Equipment: Grill, charcoal broiler, 2 deep fryers, broiler, oven , mixer machine. Ground machine, 2 door refrigerator, 3 door, refrigerator. 4-1 door refrigerator, 2 door freezer1door freezer, 2 door inline refrigerator. All equipment is 2 years old valued at $225K.
Gross Annual Sales: $780,000.
Owner's Net: $300,000.
Number of Employees: 16.
License(s) Required: Business.
Parking: Plenty.
Price: $620,000.
Contact for more information on this Diner business for sale.
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