Hilliard, OH (Franklin County)

Hilliard Diner
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Asking Price: Get Financing: $265,000

Cash Flow: $145,000

Gross Revenue: $600,000

EBITDA: $1

FF&E: $50,000

Inventory: $5,000

Lease Rate: $3,773.37 /Month

Established: 2016

Hilliard Diner

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Business Description

Successful diner located in the Hilliard market. This business is up and running and has seen excellent growth over the past 16 months. Great turn-key operations for a restauranteur who likes short hours (7 am - 3 pm). Great local clientele who have been coming to this location for many years. Very strong growth opportunities with a owner / operator who wants to increase sales by opening for dinner on a daily basis - sales are likely to go up dramatically.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,644
Lease Expiration:
4/30/2019
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This end cap space has high exposure to over 24,000 vehicles per day. Restaurant is in 2,644 SF of space and seat 100 people. There is traditional counter seating along with full service dining tables. There is a full hood with Ansul system, walk-in cooler and walk-in freezer.
Competition:
Very little competition in this market segment. Lots of residential and retail located around this business. Strong growth in the surrounding region.
Growth & Expansion:
Great opportunity to take over a business that continues to grow in sales. There is a strong push to stay open later and serve the dinner segment which has been untapped.
Financing:
With qualified Buyer
Support & Training:
Lots of work went into this space with the current owner to bring the diner back to life and drive sales back to were they belong. The owner is willing to help the next operator take over and continue to build the necessary growth in this operation
Reason for Selling:
Owner is focused on a quick service drive thru concept.
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(from currently available funds)
 
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Brett Post

Business Listed By:
Brett Post

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