Landmark Diner

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$325,000	Inventory	$15,000**
Gross Income	$425,000	Real Estate	$200,000*
Cash Flow	$90,000	Year Established	1950
FF&E	$50,000*	Employees	20 pt

* included in the asking price

** not included in the asking price

This nationally recognized and unique landmark diner is located in Central Maine. Its excellent reputation and loyal customer traffic provide steady revenue year round. The full menu encompasses home-style comfort fare along with more eclectic items and a limited beer and wine selection. The well-maintained facility and large kitchen allows for considerable expansion into catering and take-out with the current infrastructure.

Facilities: The real estate, which is included in the purchase, includes a 3-story building with restaurant, apartment, storage and restrooms. Owner apartment is currently used for office and storage space. The acquisition price of the real estate is $200,000.

Competition: Limited competition, brand recognition and central location make this a unique business.

Growth/Expansion: There are excellent expansion opportunities into new product lines, take-out and catering.

Financing: Seller/Bank $50K on Biz. Bank $150K on R.E. Working Capital $15K. Inventory $15k

Support/Training: Seller will provide transition training and consulting.

Reason Selling: Seller has other business interests.