Delightful Coastal Diner - Low Rent - Price Reduction!!

San Mateo County, CA

Seller Financing Available
Delightful Coastal Diner - Low Rent - Price Reduction!!

Asking Price:$130,000

Cash Flow:$56,092

Gross Revenue:$243,668





Delightful Coastal Diner - Low Rent - Price Reduction!!

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Business Description

This coastal diner is located on a scenic stretch of Highway 1. It’s known for its gourmet comfort food and has received 4.5 Yelp stars. Everything is made from scratch. Only open four days a week, it has a very low rent of $900 a month which includes electricity, water and garbage!
It’s very popular with both locals and travelers on Highway 1. Many of their customers call ahead and pick up their orders, but there is a small patio that seats fifteen. This is a great opportunity to own a truly unique operation with very low overhead in a beautiful part of California

Detailed Information

Included in asking price
There is a small patio that seats fifteen.
Growth & Expansion:
Already profitable, there’s still a lot of potential for someone who wanted to be open more than four days a week.
Seller financing $26,000 at 6% for 2 yrs
Support & Training:
2 Weeks, 25 Hours Per Week
Reason for Selling:

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Michael Floorman

Business Listed By:
Michael Floorman

BTI Group Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The California Association of Business Brokers (CABB).

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