Diner for Sale located in Broward County, Florida. Looking for high sales and high returns, this one will not last long. Seller Financing up to 30% to qualified candidates.
This Diner for Sale
is a cash cow for the owner/operator who is looking to retire after twenty-one years of ownership. The Diner has been a staple in the community since 1990. Sales in 2022 were $1,619,021 and returned $184,472 to the owner. Sales for the first six months of 2023 were more than $900,000. With a rent expense of only of only $$7,584 per month, or less than 6% of gross sales, you will be rolling in dough when you purchase this diner for sale. The restaurant features a 2COP Beer and Wine license.
Located in a strip center with other retailers and service providers, this location is surrounded by residences, businesses, and office space. More than 39,000 vehicles travel on the very busy road and parking will never be a problem as the center has ample parking for all its guests. Close to downtown and surrounded by the 121,000 residents of Coral Springs with an average household income of more the $77,000 you will never be in search of customers. Top-line sales will once again exceed $1,600,000 this year in this beautifully maintained Diner for Sale offered by the Restaurant Brokers at We Sell Restaurants
. The rent for this 3,600 square foot Diner for Sale is a very low $7,584 including all CAMS and is easily supported by the top-line sales and earnings. The lease expires in January of 2026 with a two-year option attached. For qualified candidates the landlord will extend the lease.
The seller is offering seller financing to qualified candidates. The seller is offering financing of up to 30% of the selling price. The landlord will not allow a buyer to purchase using SBA lending or to obtain a VISA.
The restaurant is open seven days per week from 7 am – 8 pm. Breakfast is served all day. The menu includes egg dishes, pancakes, French toast, waffles, and breakfast specials, Lunch and dinner menu includes a lot – sandwiches, triple decker sandwiches, burgers, chicken sandwiches, salads and platters, Greek specialties, salads, fish, steaks and chops and much more. All recipes will transfer with sales and the seller will remain for two weeks of training at no cost to insure a smooth transition of ownership. The operation does not offer any delivery or catering. Two income streams that can add sales and profits to the operation. The owner is the active general manager of the restaurant. He works 35- 40 hours per week. His wife does not work in the restaurant but handles the bookkeeping from home. There are three assistant managers who make between $14 - $18 per hour.
Located in Broward County, this Diner for Sale is fully equipped with commercial equipment that was built with high volume in mind. There are numerous exhaust hoods in place. The main hood is 12 feet in length and there are both an eight foot and five foot hood. The equipment package includes Double Stacked Convection Oven, flat-top grill, broiler, six-eye burner with stove, steam table, walk-in cooler, walk-in freezer, 80-quart dough mixer, commercial refrigeration throughout and much more. Our restaurant brokers can get you instant access to photos, the location, and full equipment list. The front of house seats 100 guests, including a counter that seats six guests. It has flat screen televisions and a mix of tables and booths.
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This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
Please click on the tab below to easily acknowledge confidentiality on this Diner for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Ken Eisenband at (561) 350-3365
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