40 Seat Small town Diner

Suffolk County, NY

Seller Financing Available
40 Seat Small town Diner
Contact Seller

Asking Price: $149,000

Cash Flow: $130,000

Gross Revenue: $690,000


FF&E: $75,000

Inventory: $15,000*

Rent: $4,500 /Month

Established: 2004

*not included in asking price.

40 Seat Small town Diner

Save Print Share Valuation Report

Business Description

Imagine a small-town diner, circa 1950, where you know your customers and they feel like family. A diner where everyone knows each other and comes in on a regular basis to meet up with friends and neighbors to share a meal.
This is that place. It's located in a nice north shore area where many of the regulars are within walking distance. The diner is 1800 sq. ft. and has a full basement. There are 40 seats inside and another 16 seats on the outdoor deck. The rent is only $4,500 with no increases for the first 4 years. There are 14 years left on the lease plus a 5-year option. The kitchen is fully equipped, and the facility is in turn-key condition. The large walk-in refrigerator and freezer are in the basement and there is plenty of room for storage and prep. The owner is netting $130K after expenses. He is heartbroken to have to sell, but he is a partner in a large diner, has a new baby, and the only way to have family time now is by selling this business. The owner is willing to hold a note, for the right buyer, and has priced the business for a quick sale.
1. Owner Nets $130K
2. 1800 Sq. Ft. plus full basement
3. Lease 14 years plus 5 yr. option (No rent increase for 4 years!)
4. Rent is only $4,500
5. Hours: Mon - Sat 7 am - 9 pm, Sun 7am - 8 pm
6. Owner Financing
7. Looking for quick sale.

Attached Documents

Detailed Information

Suffolk County, NY
Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
40 seat indoors and a porch with 16 seats out doors, full basement, turnkey condition
Growth & Expansion:
Support & Training:
Owner will stay for transition
Reason for Selling:
He is heartbroken to have to sell, but he is a partner in a large diner,
Contact Seller

Contact the Seller

Contact Seller Loading

Bruce Miller

Business Listed By:
Bruce Miller

Business Broker

Show Phone Number

View My Listings

Listing Statistics


Demographic Information


Ad#:1657781 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings

Beerhead Bar & Eatery

Franchise Opportunity In NY
Capital Required: $598,000