| Asking Price |
$550,000 | Inventory |
$10,000* |
|---|---|---|---|
| Gross Income |
$985,505 | Real Estate |
|
| Cash Flow |
$315,278 | Year Established | 1962 |
| FF&E |
$75,000* | Employees | 11 f/t + 7 p/t |
* included in the asking price
** not included in the asking price
Family owned and operated diner serving South Florida for over 45 years with same owner; home style cooking with a full array of breakfast, lunch and dinner items; 2 COP; seats 120 (licensed for 90); owner retiring; owner salary of $38,000/year has been included in the total owner benefit of $315,278 net income; A Real Winner!!!
Facilities: Great location is Southeast Broward County; rent only $2,067/month for 4,259 s.f.; 2 COP; well known for over 45 years in same place.
Competition: This family owned diner has been a permanent fixture in the place for over 45 years.
Growth/Expansion: Add a delivery food network for lunch and dinner.
Financing: $250,000 / 8.0% / 60 months
Support/Training: 2 weeks at $0 cost to buyer.
Reason Selling: Retiring

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