Listing Number: BBF-415-07473

Asking Price: $90,000

Down Payment: $90,000
Discretionary Earnings: $79,773
Annual Sales: $578,400

Business Overview

This iconic breakfast & lunch diner has been serving the Melbourne community for over 50 years. The business is priced aggressively for a quick sale as the current owner looks to retire. Operating five days a week, the diner enjoys constant yearly growth and a loyal following.

The diner operates from a free-standing building on over half an acre, located on a major East-West artery of Melbourne, which can be purchased separately for $500,000. Known for its friendly atmosphere, reasonable prices, and happy staff, the business has a 5-star Google rating and a strong online presence with a great website.

Key Highlights

• Over 50 years of established operation with loyal local clientele

• Turnkey business with experienced staff

• Free-standing building on a large lot available for purchase separately

• Bankers hours: 7 AM – 2 PM daily

• Excellent Google reviews and strong online presence

• Aggressively priced for motivated seller

Business Details

• Relocatable: No

• Home Based: No

• Franchise: No

• Lender Pre-Qualified: No

• May Qualify for Visa: No

Assets Included in Sale

• Inventory: $3,000 (Included)

• Furniture, Fixtures & Equipment: $45,000 (Included)

• Leasehold Improvements: $65,000 (Included)

Total Included Assets: $113,000