Business For Sale Listing 115263
Restaurant
Status as of Nov-21-2008 at 06:07 PM: Off The Market
Business Summary
The highest priority for this family diner in Marion County, Oregon, is customer satisfaction. That commitment to service has kept customers coming back for 70 years. The restaurant is profitable and has seen significant growth each year since 2003, with an anticipated 10 percent growth in sales from last year alone. The family-owned and operated diner serves breakfast foods all day, soups, sandwiches, burgers and entrees. It is known for having consistently great food, honest prices and excellent service. The employees are long term, personable and hard working. They treat the customers like family and contribute to the incredibly high rate of repeat customers. Customers come from 20 miles away to eat at the restaurant.
The restaurant is located in a 2,700 square foot building that the seller owns. He either would sell the building with the business or lease it to the new business owner. The building is on a city street within blocks of downtown and the state capital. It is on a main commercial route and has great visibility. It is in a growing city with a population of more than 148,000. The city is centrally located between Eugene and Portland, with less than an hour drive to both.
The owner might be willing to stay on for up to a month following the business sale to facilitate a smooth transition.
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Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($779,493) |
| Profits: |
Under $100 Thousand ($87,146) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $1 Million and $2.5 Million ($1,700,000) |
