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1054 Well Located & Profitable Diner – $525,000

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This is a well-established diner which also offers extended hours. It’s very well located and is surrounded by many apartments and condos. Lots of regular clients. A new owner can keep the concept (and name if desired) or you can bring your own ideas! Don’t miss the opportunity to take over this award-winning, iconic and profitable restaurant!

Sales: Gross sales: $2M per year

Size in sq. ft. 3,008 sq. ft.

No. of Seats: 70

Number of parking stalls: No designated parking

Financing: Treat as clear title

Style of cuisine: Diner with extended hours

Customer Demographics: Wide range of ages; business people; locals from surrounding condos & apartments; lots of regulars

Type of service: Table

Hours of operation:
7 am – 10 pm Tuesday – Saturday

7 am – 4 pm on Sundays and Mondays

Number of employees: 25 – with 75% full-time

Leasing information:

Rate per sq. ft. $37 per sq. ft.
C.A.M. $6
Lease Term: 5 1/2  years left             Option periods: Two 5-year options
Deposit held by Lessor: 2 months

 


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