4 Aces Diner in West Lebanon, NH
Asking Price: | $899,000 |
Gross Revenue: | $1,524,678 |
FF&E: | $108,342 |
Established Year: | 1952 |
Cash Flow: | $93,290 |
Inventory: | $16,500 |
Real Estate: | $549,000 |
Successful and Iconic 4 Aces Diner in West Lebanon NH
Price Recently Reduced by a Motivated Seller! Four Aces Diner has been in existence since 1952, acquired by the current owners in 1989. It operates as an LLC. Complete financials will be shared with qualified buyers who submit a confidentiality agreement.
Offered for sale is the business entity, including all tangible and intangible assets, as well as the real estate. Established in 1952, a lot has changed over the years but the diner’s dedication to top notch service and delicious home cooking has resulted in a continually growing customer base and consistent revenue growth over the past many years.
Built in the early ‘50s, the building originally rested up the hill from its current location. Originally, it was a classic 1952 Worcester diner car (#837), with a “rail car” shape. The remainder of the building is a wooden outer shell built around it back in the ‘80s, providing extra seating, storage, and office space upstairs. There is also a tenant who rents one of the offices on the second floor.
The restaurant is 1,904 square feet, with licensed seating for 70 inside and up to 60 outside in the seasonably available tent.