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Successful and Growing NE Florida 50's Diner - Financing
$135,000 Cash Flow: $78,913 Seller Financing
Successful and Growing NE Florida 50's Diner - Financing

Amelia Island, FL

Destination 50's Diner currently serving breakfast and lunch but available for dinner operation to continue to grow revenues. Revenues have grown over 15% year over year for the last 12 months thru August to over $455,000. The business has been in the same location since 2011 and in the county since 2006. A great mixture of vacation visitors and loyal local clientele make this a year round revenue generator. In addition to a steady morning crowd with traditional breakfast items, the lunch focus is hamburgers, sandwiches, shakes and a great 50's vibe. The Seller has experienced health issues and is ready for retirement. She stepped away from the business for six months to turn it over to an operator. Potential Buyers will notice a jump in revenues of between 20% to over 32% from March thru July as the operator opened for dinner. The operator relocated to Virginia and the Seller is back to day to day operations and wants to move on permanently. The Seller shares cooking/chef responsibilities with another cook so a buyer would need to take that into consideration when evaluating the purchase. the current operation is hands-on by the owner/operator. For the right buyer, and with $95,000 of the purchase price paid at closing, the Seller would consider financing the remaining $40,000. A first lien position for the Seller would be required. Business is cash flow positive with labor costs well within the typical "prime cost" range for labor. A buyer with operational experience could potentially improve on food costs resulting in even better margins and cash flow. Business is good, the area is growing and this business needs a buyer to take advantage of all the business and location offer. Qualified and interested buyers should download the provided NDA and input FL7818B as the listing number and "50's Diner" as the description. Complete the form fully and sign. Once completed and signed, the form can be emailed to brary@waterwaybusiness.com or faxed to 1-866-879-2418. A government issued photo id must accompany the form submission for name and address verification. No information will be sent unless the signed NDA and corresponding photo id have been provided. Upon receipt of the NDA and ID, qualified parties will be sent an initial package of information which includes company name, location details, web address, historical financials and FF&E details.


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