Business for Sale


Business Location BROOKHAVEN, SUFFOLK, NEW YORK, USA
Business Category All - Retailers, Retail
Offer Issue Date Offer End Date
No of Employees Established Year
Business Description

Classic Free Standing Diner

Business Summary
Asking Price Cash Flow

Location, location, location! This recently-renovated, free-standing traditional diner with ample parking is located on a very busy main road and has been a regional destination for over 40 years. Surrounded by shopping centers, businesses and residential communities, it enjoys good traffic for breakfast, lunch, dinner, and late-night snacks. This 235-seat diner maintains three dining areas: the first has a traditional counter and booths, a second area with tables, and the third is a separate room which can be used for private parties that can easily accommodate 80 people. The large, clean kitchen is fully equipped and well-organized, with two lines for cooking. The full basement is extremely clean, and has been converted into their in-house bakery. The interior was completely redone recently, and the two large rooftop AC units are fairly new. They are currently doing over $3 million in sales and the owner enjoys a very healthy income. The diner is open from 7am to 1am Sunday through Thursday, and from 6am to 3am Friday and Saturday. Since there are so many working people in the area, opening earlier for breakfast on weekdays should add directly to the bottom line. The lease is excellent and has 25 years remaining with only 2% annual increases. The staff is well-trained and will stay after the sale. The owner is retiring, and is willing to hold a note for a qualified buyer. If you are looking for a diner, this one definitely MUST BE SEEN!


KEY FEATURES 1. Owner Nets $250,000 2. Full Bakery 3. 25 years left on lease 4. 3 Dinning areas 5. Full basement 6. Assumable note 7. Ample parking 8. 2% annual increase

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