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Established Homestyle Diner for sale in Miami County, KS

Miami County, Kansas (KS)

Asking Price: Gross: Cash Flow:
$ 325,000 $ 175,908 $ 5,755

Furniture and Fixtures Value:
$ 66,686 (included in the asking price)

Inventory Value:
$ 15,000 (included in the asking price)

Real Estate:
$ 275,000 (included in the asking price)

Business Summary:
Since 2005, this restaurant has offered homestyle and comfort foods like biscuits & gravy, country fried steak and buffets with both hot & cold bars. The restaurant is being sold with the real estate on a nice big corner lot in a rural community. The owner is ready to retire. The restaurant has a nice, cozy hometown charm with lots of room for growth by expanding as full-service restaurant, extending hours, advertising, and an online presence. Inquire now for more information on making this restaurant your own!

 

   
Year Business was Established: 2005
   
Number of Employees: 3FT/7PT  
   
Facilities / Terms of Lease: Real estate is seller owned.  
   
Potential Growth/Expansion: Expanded hours as well as more advertising and an online presence could grow the business. Current Hours: Sun-Tues, Thurs, Sat 5am-2pm Weds & Fri 5pm-8pm.  
   
Competition: There are other restaurants in the town but no big chains. The owner has an established niche with homestyle comfort foods, buffets, and private dining area for events.  
   
Owner willing to finance: Up to 20% financing available to a qualified buyer.  
   
Owner willing to train: Negotiable.  
   
Reason for selling: Retirement.  
   
Seller Reference Number: 12-197
BusinessMart.com Listing Number: 235605
 

 

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For more info contact:

Roy Huffman

First National Business Corp
866-800-0990

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