1950's Style American Diner Franchise

Myrtle Beach, SC (Horry County)

Seller Financing Available
1950's Style American Diner Franchise
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Asking Price: $175,000

Cash Flow: N/A

Gross Revenue: $408,000

EBITDA: N/A

FF&E: $75,000

Inventory: $7,500

Rent: $18.24 /Month

Established: 2011

1950's Style American Diner Franchise

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Business Description

Below market value, make this a steal

1950's Style Diner franchise specializing in fresh hamburgers, ice cream & custard. Owner has health problems and can no longer oversee the business making this a great opportunity to buy low while the business is down. Business was established seven years ago and was consistently making $100,000 plus in profit with sales exceeding $600,000 per year.

Great location in fast paced, high traffic retail center. This is a must sale so bring offers.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
12/1/2021
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,500 sq ft, 100 seat dine-in restaurant
Competition:
Only one of 3 sit down restaurants in the centre. Franchise is highly recognized and growing.
Support & Training:
Franchise training and support available
Reason for Selling:
health issues
Franchise:
This business is an established franchise
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Contact the Seller

(from currently available funds)
 
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Braxton Jones

Business Listed By:
Braxton Jones

KingOne Business Brokerage

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Sponsoring Broker:
Terry D Walden

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