Description About This Posting: Diner Restaurant Franchise
$450,000 for - 'BLD' Franchise Diner - $120,000 in Annual Profits Located in Major East Bay City
Asking Price: Offered At $450,000
Location: San Joaquin County
Annual Revenue: $1,511,708
Annual Cash Flow: $120,000
Monthly Rent: $10,381 including NNN
$450,000 for this SBA loan pre-approved popular Breakfast, Lunch and Dinner Franchise Diner with a beer and wine license. Bank will lend up to 75% of the purchase price to well qualified buyers with strong financials and good credit. Extremely popular and successful franchise Diner located on edge of major city right off I-5 Hwy, surrounded by many other well known franchise restaurants in a major shopping mall. Annual sales of $1.500,000 producing a profit of $120,000. Seating for 120 indoors plus an attractive outdoor patio seating a further 40. Fully fitted kitchen which is only three years old since the total new build-out in 2015, costing in excess of $950,000. The Lease still has 12 years remaining and there is also a ABC type 41 beer and wine license included with the sale. The franchise is local to Northern California and has only a 4% royalty fee which is low for this style of restaurant. Please complete the Non Disclosure Agreement' on our site and we will send you the name and address with the full financial information, lease & the list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.
Current Owner: 2015
Reason For Sale: Other Interests
To get more information about this Diner Restaurant Franchise business for sale in
San Joaquin County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #251523 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Diner Restaurant Franchise, to ask any questions or request an appointment to see this
business for sale. Thank you.
Related Links And Information Regarding This Posting
Founder & President Of BizBen.com (since 1994). I am the Lead Facilitator for both the ProSell & ProBuy Programs. I consult daily with business buyers, business owner/sellers, brokers/agents daily about buying and selling California small to mid-sized businesses. Call 925-785-3118.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
Escrow services to brokers/agents, sellers, & buyers. Established 43 years. Extraordinary service. Experienced with handling difficult transactions. One stop for all your escrow needs: Bulk sales, lien searches, UCC searches, liquor license transfers, publishing & recording services. 951-808-3972.
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