Turnkey, Vintage Downtown Diner & Real Estate

Undisclosed Address, Hillsborough County, NH
Business Opportunity for Sale
Catylist Listing ID: 30388829
Property Subtypes: Food and Beverage
Building Size (RSF): 1,000 SF
Sale Price: $399,000
Year Business Established: 2007
Gross Revenue: $700,000 (Annual)
Cash Flow: $125,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash at Closing. May consider some seller financing to qualified & experienced Buyer.
Last Updated: 9/5/2019

Overview / Comments

Neighborhood favorite for locals and 1st in the Nation campaign stop since the 1930's....At-least the food is Honest!

Unique Business / Real Estate Opportunity with extremely desirable and "Hard to Find" Instant Equity, Business Valuation and Cash Flow.
Must See and Experience & Priced to Sell @ $399,000.
Owner will consider some Seller financing to qualified Buyer.
Sale includes Business, Good Will, FF&E, Inventory & Real Estate. This regionally recognized, successful Diner is a perfect opportunity for an ambitious Owner/Operator to be their own Boss, & Control their own income. This establishment has been open for 90+ years in this location as a restaurant and has a long track record of generations of customers, making memories with their children and grandchildren.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner is focusing on other businesses.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $197,000
Real Estate Lease Description: Fully Equipped and Fit Up for 45 Seats this Highly Visible Diner has ample public parking and easy access. Recently installed new exhaust system. Real Estate is currently assessed for $197,000
Employee/Labor Description: Business is Owner/Operated with an additional staff of 16 Full or Part time employees.
Mgmt/Training Support Description: Owner will assist in (2) Week training 7 transition
Competition/Market Description: Offers Great Quality, Speed of Service, Generous Portions, Value for your money and Very Loyal Customer Base.
Growth/Expansion Opportunities: "Old School" Diner with similar marketing plan. Needs Website, Social Media Presence and Take Out Menus available, opportunity to raise prices.
Seller Financing Description: Information from sources we deem reliable. No representation as to accuracy of Data.

Contact

Photograph of Listing Agent

Jay DelMonte

RE/MAX Innovative Properties
NECPE Member
Photograph of Listing Agent

Kathy MacKinnon

RE/MAX Commercial Innovative Properties
NECPE Member
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