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Historical Restaurant

Lane County, OR
Historical Restaurant

Seller Financing Available

Asking Price : $ 1,750,000    
Cash Flow : $ 275,000    

Gross Revenue : $ 467,000    
Inventory : $ 20,000    
FF&E: $ 75,000    
Year Started: 1950    

Business Description

Own a piece of history with this incredible restaurant. This diner has been serving locals and tourists for over 70 years! The business owners have been very active in the community and have an excellent reputation, not only for the food they serve but for their community involvement and support. These owners are looking for someone to take over that will continue to be an integral part of the community.

This building sits on just over an acre of land and is fully equipped with a fully stocked kitchen. This is a turn key operation that comes with over $20k in kitchen equipment and $20k in food and stock. A new owner could step in today and start making money. If a new owner wanted to expand the hours of operations (currently only serving lunch) they would see immediate profit. They could also expand advertising and offer additional pick up or delivery services.

There are flexible seller financing options available for the right buyer. The current owner is willing to stay onboard for a while to ensure a smooth transition with vendors, employees, and of course the community.

Detail Information

Location: Lane County, Oregon

Inventory : Yes Included in asking price

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Real Estate For Sale

Building SF : N/A

Real Estate Value: $ 300,000

Is Real Estate Included in Asking Price?: Not


Employees: 4

Year Established: 1950

Reason for Selling: Retirement


Financing Available?: Yes

Financing:

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