Business For Sale Listing 144215
Landmark Diner
Status as of Aug-28-2008 at 06:00 PM: Active
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Business Summary
DESCRIPTION: This nationally recognized and unique landmark diner is located in Central Maine. Its excellent reputation and loyal customer traffic provide steady revenue year round. The full menu encompasses home-style comfort fare along with more eclectic items and a limited beer and wine selection. The well-maintained facility and large kitchen allows for considerable expansion into catering and take-out with the current infrastructure.
MARKET: Limited competition, brand recognition and central location make this a unique business. There are excellent expansion opportunities into new product lines, take-out and catering.
FACILITIES: The real estate, which is included in the purchase, includes a 3-story building with restaurant, apartment, storage and restrooms. Owner apartment is currently used for office and storage space. The acquisition price of the real estate is $250,000. Purchase of the real estate would result in an additional $44,000 cash flow from rent add-back and apartment rental.
PRICE OF BUSINESS: $95,000
PRICE OF REAL ESTATE: $250,000
DOWN PAYMENT ON BUSINESS: $20,000
DOWN PAYMENT ON REAL ESTATE: $50,000
WORKING CAPITAL NEEDED: $20,000
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($425,000) |
| Profits: |
Under $100 Thousand ($90,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
Proforma |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($345,000) |
