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For Sale: Diner Restaurant Franchise - San Joaquin County


Current Status: Active     Posting #: 251523     Last Refreshed: 2/14/20    
Contact: Steve Zimmerman At 415-945-9701  -  Also Email This Contact Below
Price:  $450,000     Down:  Call     Adjusted Net:  $120,000     Revenue:  $1,511,708    
Attributes:       Cooperation With Brokers?  Call

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  Description About This Posting: Diner Restaurant Franchise
$450,000 for - 'BLD' Franchise Diner - $120,000 in Annual Profits Located in Major East Bay City

RRC#: 3275
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

Listing Description:
$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.

General Information:
Organization:
Established: 2000
Current Owner: 2015
Employees: 30
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $123,833
Monthly Cash Flow: $110,000
Annual Revenue: $1,511,708
Annual Cash Flow: $120,000
Payroll: $34,083
Monthly Revenue: $123,833
Monthly Cash Flow: $110,000

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.

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