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# 1073 Diner in Popular Neighborhood – $169,000

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This restaurant was created as a diner. The present owner has added Indian food and now offers both concepts. It could be easily converted back to 100% diner if a new owner preferred. Or, you could add your own concept! Well-located in the heart of a trendy district with lots of street traffic!

 

Sales: Gross sales: $30,000 a month

Size in sq. ft. 2,507 sq. ft.

No. of Seats: 60 seats plus 20 on patio

Number of parking stalls: Two dedicated spots in rear

Financing: Treat as clear title

Style of cuisine: Casual dining; diner menu including Indian food

Customer Demographics:  Locals; shoppers in area; lots of walk-by traffic

Type of service: Table

Hours of operation:

11 am – 9 pm; 6 days a week

Closed on Mondays

Number of employees: 4 kitchen and 3 part-time

Leasing information:

Rate per sq. ft. $40 per sq. ft. base rent
C.A.M. $5,000 per month; includes some utilities
Lease Term: Goes to 2025             Option periods: Two 5-year options
Deposit held by Lessor: 1 month


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