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Diner for Sale in Coral Springs, FL – Rent below 10percentage of Sales

Florida

spoon
36212-pexels-paula-nardini-1570612.jpg
SOLD

FOR SALE - SOLD

$135,000

Listing #8990

$759,864

Gross Sales

$0

Owner Benefit

Listing

  • Listing#:8990
  • Price: $135,000
  • Location:Florida
Diner for Sale in Broward County, Florida serves Breakfast, Lunch, and Dinner in a comfortable atmosphere. Loyal customer base has been developed over 23 years of service to the community.
 

The Diner for Sale serves the Coral Springs, Margate, Tamarac, and Coconut Creek communities. The restaurant has built a strong and loyal following over the 23 years of service to the hundreds of thousands of people that live in the trade area. The Diner serves breakfast, lunch, and dinner in a comfortable atmosphere that includes tables, chairs, booths, and a countertop. The dining room seats 150 guests, and the restaurant is 3,800 square feet in size. The restaurant currently has no alcohol license but meets the requirements for the full service 4COP SFS Liquor License! Wow! The rent for this well established and popular diner is only $6,949 per month. The current lease expires on February 28, 2025, and there is a five-year option attached.
 
The Diner for Sale by We Sell Restaurants has consistently produced good sales. The rent to sales ratio has always been better than industry standards.
 
Sales               
Full Year           2021     $759,864          11%
January            2022     $71,280            9.8%
February           2022     $75,505            9.3%
March               2022     $84,598            8.3%
April                 2022     $78,217            8.9%
 
With rent at 11% of sales in 2021 and below 10% in 2022 this diner is poised to be a profitable acquisition by an experienced operator. The current owner purchased this business to obtain an E-2 Visa. The owner was new to the country and had no previous restaurant experience. The seller has decided to relocate from South Florida. His loss is your gain. An experienced operator will make this Diner for Sale a cash cow for years to come.
 
The kitchen in this Diner for Sale is very well equipped and set up for high volume. The exhaust hood is 14 foot in length and the grease trap is in ground. There are two walk-in coolers, walk-in freezer, ten eye burner, six-foot flat top grill, two fryers, and more. The smallwares package is extensive. Included in the sale is a 60 qt Hobart dough mixer, buffalo chopper, meat slicer and much more.
 
The Diner for Sale has a menu that offers breakfast, lunch, and dinner. Breakfast items include omelets, egg dishes, French toast and pancakes, and waffles. Lunch features sandwiches, wraps, salads, melts and more. Dinner items include seafood entrees, ribs, roast beef, chicken and so much more.  Add the 4COP SFS license to sell Beer, Wine, and Liquor or the 2COP license to sell Beer and Wine and watch the sales grow.
 
Please click on the tab below to easily acknowledge confidentiality on this . 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

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Business listed by Ken Eisenband, We Sell Restaurants Broward and Palm Beach.

Diner for Sale in Broward County, Florida serves Breakfast, Lunch, and Dinner in a comfortable atmosphere. Loyal customer base has been developed over 23 years of service to the community.
 

The Diner for Sale serves the Coral Springs, Margate, Tamarac, and Coconut Creek communities. The restaurant has built a strong and loyal following over the 23 years of service to the hundreds of thousands of people that live in the trade area. The Diner serves breakfast, lunch, and dinner in a comfortable atmosphere that includes tables, chairs, booths, and a countertop. The dining room seats 150 guests, and the restaurant is 3,800 square feet in size. The restaurant currently has no alcohol license but meets the requirements for the full service 4COP SFS Liquor License! Wow! The rent for this well established and popular diner is only $6,949 per month. The current lease expires on February 28, 2025, and there is a five-year option attached.
 
The Diner for Sale by We Sell Restaurants has consistently produced good sales. The rent to sales ratio has always been better than industry standards.
 
Sales               
Full Year           2021     $759,864          11%
January            2022     $71,280            9.8%
February           2022     $75,505            9.3%
March               2022     $84,598            8.3%
April                 2022     $78,217            8.9%
 
With rent at 11% of sales in 2021 and below 10% in 2022 this diner is poised to be a profitable acquisition by an experienced operator. The current owner purchased this business to obtain an E-2 Visa. The owner was new to the country and had no previous restaurant experience. The seller has decided to relocate from South Florida. His loss is your gain. An experienced operator will make this Diner for Sale a cash cow for years to come.
 
The kitchen in this Diner for Sale is very well equipped and set up for high volume. The exhaust hood is 14 foot in length and the grease trap is in ground. There are two walk-in coolers, walk-in freezer, ten eye burner, six-foot flat top grill, two fryers, and more. The smallwares package is extensive. Included in the sale is a 60 qt Hobart dough mixer, buffalo chopper, meat slicer and much more.
 
The Diner for Sale has a menu that offers breakfast, lunch, and dinner. Breakfast items include omelets, egg dishes, French toast and pancakes, and waffles. Lunch features sandwiches, wraps, salads, melts and more. Dinner items include seafood entrees, ribs, roast beef, chicken and so much more.  Add the 4COP SFS license to sell Beer, Wine, and Liquor or the 2COP license to sell Beer and Wine and watch the sales grow.
 
Please click on the tab below to easily acknowledge confidentiality on this . 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

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Business listed by Ken Eisenband, We Sell Restaurants Broward and Palm Beach.

Lease Term Expires February 28, 2025

Monthly Rent $6,949.42

Indoor Seating 150

Inside Sq. Ft. 3,800

Hood System Yes

Hours Monday thru Sunday 8 am - 8 pm

No. of Part-Time Employees 2

No. of Full-Time Employees 11

  • Diner for Sale in Coral Springs, Florida
  • QUALIFIES FOR THE 4COP SFS LIQUOR LICENSE - SERVE LIQUOR, BEER, AND WINE TO YOUR GUESTS
  • Trade area has more than 200,000 residents
  • More than 20 years of Goodwill Built-in - Very Loyal Customer Base
  • Excellent street visibility for the more than 37,000 vehicles that travel on the busy road daily
  • Fully Equipped Commercial Kitchen has it all - Fourteen-foot hood, inground grease trap, and more
  • Current Owner Purchased for Visa and is relocating

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