Property Details

Village Diner with Property - Buffalo

Property ID : PS38.15

For Sale $310,000.00 - Cafe-Coffee Shop, Restaurant

DESCRIPTION:

  • Local diner with a long standing good reputation in the community.
  • Breakfast, lunch and dinner 7 days a week.
  • Great operation for a family business.

ASSETS/FIXTURES/EQUIPMENT: Included in the asking price:

  • Furniture, Fixtures and Equipment Fair Market Installed valued at $20,000.
  • Inventory at cost of $ 10,000
  • Real Estate at a fair market value of $ 200,000

Property Details:

  • A 3,053 Total Square Foot 2-Story Building on .14 acres
  • Has a 956 Square Foot Basement for storage
  • The Building is in great condition with a 2 bedroom apartment located upstairs.
  • Street parking for the business and tenant.

SALES AND SDE: (Including $ 8,100 per year Apartment Rental Income)

                                                                     2015                 2014                 2013

  • Reported Sales                        $  248,421         $  266,665        $ 284,406
  • SDE                                          $   52,947          $   48,464         $  52,017

SDE (Seller’s Discretionary Earnings)

PRICE/FINANCING:

The Asking Price is $310,000 for the business and the real estate.

 COMMENTS:

This is an outstanding opportunity for an owner-operator to have an existing well-known, local diner business with real estate.  Events are held close to this village diner.  The events, and the local following contribute to the stability and association to the local community.

 

Agent Paul Seeger

  • Office : 585-247-4750

Paul Seeger brings a wide range of business knowledge and experience to AMD Business Brokers.…
Know More

Contact

Loading...
 

Similar Properties