Clearwater Florida, Profitable & Established Breakfast/Lunch Diner

Clearwater, FL

Seller Financing Available

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Asking Price:$259,000
Gross Revenue:$504,427
Rent:$1,350/Month
Established Year:1989
Cash Flow:$149,501
Inventory:$1,500
FF&E:$50,000
BUSINESS DESCRIPTION

*** SELLER FINANCING WITH ONLY $175,000 DOWN ***
For sale is a VERY PROFITABLE and ESTABLISHED breakfast and lunch diner located in Clearwater, Florida. This diner has been a local favorite and serving the community for over 35 years with the current owners at the reigns for approximately 2.5 years. It is a very easy and MANAGEABLE business and currently operated by a husband-and-wife team.

This CHARMING diner offers traditional American breakfast favorites and more, with no evening hours and closed on Sundays. The business is PERFECT for an owner-operator who’s ready to step into a TURN-KEY operation with a LOW RENT of just $1,350 per month and seating for approximately 48 customers. The diner operates 6 days a week, with the POTENTIAL to boost revenue by adding Sunday hours AND adding a beer and wine license. Sellers are ready to pass this on to the next ambitious owner.

The current staff includes 1 head cook, 1 dishwasher, and 1 delivery person, with one of the owners also working as a second cook and the spouse serving as the second server, both 5 days a week. The business provides an impressive owner benefit of approximately $149,000 annually, not including the owners tips. Newly remodeled, the diner is IDEAL for someone looking to take over a WELL-ESTABLISHED, PROFITABLE business with STRONG POTENTIAL. The reason for sale is simple—the seller wants to focus on their primary business.

If you’re PASSIONATE about the restaurant industry and READY TO WORK FOR YOURSELF, don’t miss this opportunity. TAKE CONTROL OF YOUR FUTURE and stop working for someone else! Contact me today for more details—just in time for the busy season!

PLEASE UNDERSTAND THAT THIS IS A MOP AND POP OPERATION AND FINANCIALS WILL ONLY BE DISCUSSED IN PERSON. YOU HAVE TO HAVE AN UNDERSTANDING ON HOW A MOP & POP HANDLES THEIR BOOK KEEPING, IF NOT, THEN THIS OPPORTUNITY MAY NOT BE FOR YOU.


DETAILED INFORMATION
Location
Clearwater, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,300
Lease Expiration
31/08/2030
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Newly remodeled. Fully equipped kitchen. Small and manageable with approx 48 seats
Growth & Expansion
Add Sunday and add beer and wine.
Financing
To a qualified buyer with $175,000 down, remainder over 36 months at 6%
Support & Training
1 week at no cost to buyer
Reason for Selling
Focusing on primary business
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George
Antonaklas
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George Antonaklas