Highly Profitable Family Diner with Real Estate in East Valley!

50's - 60's theme diner!

Maricopa County, AZ

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Overview

Year Established
1997
Employees
11 full time and 6 part time
Business Structure
LLC
Property
Freehold

Business

Description

Turnkey and ready to go for a new owner! Free-standing building on the property with ample parking.
Be your own landlord. Location, Location, Location nested in front of a national hotel on a busy shopping center featuring a large variety of national retailers. This is a great opportunity to purchase the property plus a highly successful business! This restaurant has been serving the community for over 25 years and now the sellers are looking to retire.
The family-operated restaurant currently operates 7 days a week for breakfast, lunch, & dinner. They offer fresh, from-scratch meals made to order. The menu consists of omelettes, waffles, burgers, salads, and more!
This is a great investment to own your own property and operate your own restaurant.
Control your own destiny!

This restaurant will qualify for SBA lending for qualified buyers. All inquiries will be required to sign a non-disclosure agreement and provide proof of funds to the Broker. The financials provided above are annualized for 2022 as this business is currently-Sept 2022- at $1,090,182 in sales and over $166,000. in net earnings which haven't been adjusted to accommodate addbacks shown on the current YTD P&L statement. Additionally, this business is heading into its busy season!

Business Price: $425,000
Property Price: $850,000
Total Acquisition Price: $1,275,000

If you're a Qualified and Experienced Principal Buyer with transferable experience please contact me on this fantastic opportunity to discuss it. If you have an interest or questions about selling your business I'm available to discuss all your options anytime. I'm always looking for good businesses to sell not just list! I can be reached at 602-460-6979 or by email at [email protected]

Sale

Reason for Selling

Heading to retirement!

Training/Support

2 weeks

Premises

Facilities

This business and real estate opportunity is TurnKey and ready to go. This freestanding building has plenty of parking with an amazing location nestled in front of a national hotel chain and very close to a busy shopping center that features a large variety of national retailers. Currently, the business operating hours are Monday through Saturday 7 am to 9 pm, and Sunday 7 am to 8 pm.

Location

Maricopa County, AZ

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