Price Reduced/ Highly Profitable Diner - Business for Sale
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130-Seat Diner with Real Estate Option in New Jersey
NJ, US
Added 2 years ago
Diner / Restaurant
19 years in business
A 130-seat diner established in 2005 and located on a main street in New Jersey, operating 7 days a week with an option to purchase the real estate.
Key Information
Asking
$1.5M
Revenue
$2.6M
Earnings
$475K
Multiple
3.2x
Key Highlights
- Business has been established for 19 years (since 2005).
- 5,000 sq.ft. diner with 130 seats, 25 parking spots, and a 1,500 sq.ft. basement.
- Payroll has been adjusted for a new owner-operator; current payroll includes five family members.
- Business is open 7 days a week from 7am to 9pm.
- Option to buy the real estate is available.
Contact Info
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