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For Sale: American Diner Restaurant - Profitable, Popular - Martinez, Contra Costa County


Current Status: Active     Posting #: 228872     Last Refreshed: 3/9/21    
Contact: Soo Kong Lim At 408-828-9784 Cell , 408-342-3000  -  Also Email This Contact Below
Asking Price:  $49,000     Down Payment:  $49,000     Annual SDC:  $89,297     Annual Gross:  $402,070    
Business Address:  None Given     City:  Martinez     Zip:  None Given    
Attributes:  Broker-Broker Coop, Training & Support, Real Estate Available
Profitable, American Diner in Martinez, established in the same location for over 20 years, serving a full menu of home-style breakfast and lunch with great upside potential to increase sales.

Great location away from downtown competition.
Stand Alone Building. Excellent visibility, 3-way frontage signage to attract drive-by traffic..
A hometown favorite for over 20 years. Resilient to competition and market changes.
Beer and wine license.
Clean books and records. Employees 2 full-time / 3 part-time
Size: 2,700+ + sq. ft.
Open: Mon - Sun, 6am - 3pm.

Excellent service with consistently highly rated Yelp reviews.

Located in a stand alone building away from competitive downtown area. this diner has consistently increased its sales and net profits year on year and has a huge upside to growth in income and net profits for a new owner.

An established and profitable neighborhood favorite diner for over 20 years, they serve home-style breakfast and lunch with a small-town atmosphere to many loyal and growing customers. The Cafe consistently produces an annual revenue of over $400,000, with 3 Part-time employees. The current owners run this business Full Time. The Owner does no marketing or advertising to achieve the current sales. This will provide an incoming buyer with the upside to capitalize on the quality reputation built by the Owner up to this point. The storefront location is a spacious 2,700 + sq. ft. standalone building

This is an opportunity for a new buyer to take over a turnkey business with employees and a loyal customer base intact and fully operational. The current owner is looking to move out of the area and is motivated to sell this business to the right buyer. The Owner will ensure a fluid transition to new ownership without disrupting the current flow of business.

The Diner has a well set up large kitchen equipped with a big size hood and a spacious dining area.

The Cafe is located in close proximity to the freeway with several new housing developments under construction. The current loyal customer base is mainly drawn from the businesses located close by and the residential neighborhood communities.

Gross income and net profits are from dine-ins, online ordering, deliveries and catering to large groups. According to the Owner, online ordering and deliveries contribute 30% to the annual income providing a growing addition to net income.

Competition: A hometown favorite. Resilient to competition and market changes. The Cafe's location away from the competitive Martinez downtown area is a huge advantage as there are no other American Diner serving a full menu of home style American breakfast and lunch within the neighborhood.

Growth/Expansion: This Cafe is a successful, profitable and money making business. Total revenues have grown consistently year on year. The Owners have built a strong following of loyal regular clients and continue to grow the total sales revenue and net income for the family. The Owners stated that with its advantageous location away from the downtown completion, stellar reputation, standalone building 3-way frontage visibility, large dining area, there are many opportunities for the buyer to increase sales and net income.
Beer and wine license included

This is a turnkey money making business. It has cash flow, an established customer base and the upside potential to easily increase sales income and net profit with the right buyer.

Support/Training: Owner will provide training for a seamless transition.

Reason for Selling: Owner is moving out of the area.

Investment Highlights:
Sales/p.a.: $402,070
SDE/p.a (Seller's Discretionary Earnings): $89,297
New Asking Price: $49,000

Furniture/Fixtures/Equipment: Included

Facilities:
Size: 2,700 +sq. ft.
Rent: $6,500/month (includes NNN). Lease until 6/22. Options can be negotiated.

Disclaimer: This Information has been provided by the Seller(s). Broker has not verified this information and makes no representation as to its accuracy. Prospective Buyers(s) should rely upon their own verification and that of their financial and legal advisors of this information.

To get more information about this American Diner Restaurant - Profitable, Popular business for sale in Martinez, Contra Costa County please phone Soo Kong Lim (Intermediary - BRE License #:017784483) at 408-828-9784 Cell and 408-342-3000 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #228872 on BizBen.com. In addition to phoning Soo Kong Lim, make sure you email Soo Kong Lim above to get more info about this American Diner Restaurant - Profitable, Popular, to ask any questions or request an appointment to see this business for sale. Thank you.

Martinez, Contra Costa County American Diner Restaurant - Profitable, Popular Business For Sale

Email Soo Kong Lim Below About This Posting




No Spam
For Best Results & Response, Email & Phone This Contact: Soo Kong Lim at 408-828-9784 Cell and 408-342-3000.
Seller Selling Without Financials
Absentee Run Businesses Pros Cons





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For Sale: Cafe Restaurant, Coffee Shop - Trendy, Profitable In Pacifica, San Mateo County, California
Contact: Cheryl Maloney : 415-309-2722 Cell, 415-309-2722 Text
Status: Active  Posting #: 267700  Refreshed: 5/8/2021
Asking Price: $85,000  Down Payment: Call / Email  Annual SDC: Call / Email  Annual Gross: $250,000
Attributes: Broker-Broker Coop, Training And Support
Fast Track Posting Great opportunity to have a profitable and trendy coastal cafe! Great location with both tourists and locals daily! Comfortable trendy decor with two levels of seating in addition to outside seating. Close to great restaurants, shopping favorites, and hotels. And better yet, close to the beach!
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Status: Active  Posting #: 265515  Refreshed: 4/30/2021
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Fast Track Posting ProBuy Restaurant serving food, tea and boba, coffee. Full kitchen and hood type I. Eat in, study area and Wifi. Lot of foot traffic and near freeways 101, 280, 680. Current license and permits. Up to current code.
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Contact: Roger : 831-226-2322
Status: Active  Posting #: 261821  Refreshed: 5/13/2021
Asking Price: $295,000  Down Payment: Call  Annual SDC: $156,000 (Projected)  Annual Gross: $910,000 (Projected)
Attributes: Broker-Broker Coop, For Sale By Owner, Semi Absentee Run, Training And Support, Owner Financing
Fast Track Posting A well established Restaurant and Bar located on a major artery in the San Lorenzo Valley, Santa Cruz County. Includes 2 comfortable dining rooms, an active, intimate bar and cocktail lounge attached to a sunny garden patio. A favorite destination of local diners, tourists, travelers and campers. Financing available for qualified Buyer Gross Revenue for 2018: $722,741 SDE for 2018 $138,519 Gross Revenue for 2019 $824,000 SDE for 2019 $115,507 Projected: Gross Revenue for 2020 $910,000 SDE for 2020 $156,000. Projected Gross Revenue for 2021: $1,000,000 plus. Estimated SDE for 2021 $181,000
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Contact: Cheryl Maloney : 415-309-2722 Cell, 415-309-2722 Text
Status: Active  Posting #: 267749  Refreshed: 5/10/2021
Asking Price: $175,000  Down Payment: Call / Email  Annual SDC: Call / Email  Annual Gross: Call / Email
Attributes: Broker-Broker Coop, Training And Support
Fast Track Posting Incredible restaurant opportunity for sale on the San Mateo coast in Half Moon Bay! Open throughout the Pandemic and maintained good numbers. Not a penny was spared during the build out of this delicious and popular restaurant. 1,800 Square feet,16 foot hood, great lease and terms
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Contact: Jeff Back: 925-736-8200
Status: Active  Posting #: 267810  Refreshed: 5/13/2021
Asking Price: $295,000  Down Payment: Call / Email  Annual SDC: Call / Email  Annual Gross: $1,300,000
Attributes: Asset Sale
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Contact: Paul Burrowes - Agent: 831-295-5130 Cell, 831-295-5130 Text
Status: Active  Posting #: 267510  Refreshed: 5/7/2021
Asking Price: $298,000  Down Payment: Call / Email  Annual SDC: $180,000  Annual Gross: $650,000
Attributes: Broker-Broker Coop, Training And Support
Fast Track Posting ProBuy A well-established newly renovated restaurant for sale in an excellent location, just 25 miles from Silicon Valley and 6 miles to Santa Cruz beaches. The restaurant has been in business for over 35 years, since 1986, with good, generous and loyal customer base. It is situated in Scotts Valley. Estimated annual gross $650,000. Cost of Goods Sold $62,500. Estimated profit $180,000.
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