Breakfast & Lunch Diner, with Liquor License

Financial Information

  • Asking Price: $150,000
  • Gross Revenue: $720,000
  • Cash Flow: $180,000
  • Down Payment: ON REQUEST
  • FF&E (Not Included): ON REQUEST
  • Inventory: $3,000
  • Financing: Yes

Business Location

  • Kern
  • Confidential
  • California
Primary Business Category: Limited-Service Eating Places

Like new business located in popular Northwest Bakersfield. Average Daily Traffic Count 2020, 16,094. Population within a 3-mile radius 89,494, Median HH Income $96,386. A popular diner and the only diner in the area. The owner says before COVID-19 that he was averaging $60,000 per month in sales and that is what the above proforma given to me by the owner is based on. His numbers have been off, but he does have a private patio area, that he has been able to use and he is able to put some seating in the area in front of the Business. The owners spent around $300,000 in FF&E and Tenant Improvements. They have an ABC 41 License for On Sale Beer and Wine, which is interesting for a diner. However, the owner says that it is a good source of income and extremely popular with the patrons. This is your opportunity to buy this Business at less than half of what it would cost to open it new and it is a proven location. You'll start making money from day one. The Business is well positioned in all of the search engines and is easy to find.


Competition Description

Bakersfield is a big restaurant town and people love to go out to eat and socialize.


Growth / Expansion overview

Restaurants have been forced to close during the Covid-19 shut down and many of them are not going to reopen. The survivors are positioned to do an extraordinary business when things open.


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 2019
  • Franchise: No
  • Year Acquired: 2019
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Health, ABC 41 License

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: 11
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 3,562 sq ft
  • Parking: Ample
  • Monthly Rent: $2,200

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Business Listed by

Sunbelt Bakersfield

Contact: John Willingham
Office Phone: 661-323-2358
Mobile Phone: 661 332-9401
Listing ID: BAKERCA001-N944

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.