4 Aces Diner in West Lebanon, NH

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Restaurants & Food Businesses for Sale

  • Primary Category: Diners for Sale

Four Aces Diner has been in existence since 1952, acquired by the current owners in 1989. It operates as an LLC. Complete financials will be shared with qualified buyers who submit a confidentiality agreement.
Offered for sale is the business entity, including all tangible and intangible assets, as well as the real estate. Established in 1952, a lot has changed over the years but the diner’s dedication to top notch service and delicious home cooking has resulted in a continually growing customer base and consistent revenue growth over the past many years.
Built in the early ‘50s, the building originally rested up the hill from its current location. Originally, it was a classic 1952 Worcester diner car (#837), with a “rail car” shape. The remainder of the building is a wooden outer shell built around it back in the ‘80s, providing extra seating, storage, and office space upstairs. There is also a tenant who rents one of the offices on the second floor.

Financial Information

  • $999,999 Asking Price
  • On request Cash Flow
  • On request Gross Revenue
  • Negotiable Down Payment
  • Yes Financing

Business Location

  • City: Lebanon
  • State: New Hampshire

Financing Comments

  • Sellers are willing to provide limited terms to a qualified buyer based on the strength of the offer presented.

Reason for Sale

  • Sellers are looking to retire.

Detailed information

  • Year Established: 1952
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 6
  • Part-Time Employees: 10
  • Contractors: N/A
  • Owner Worked Hours/w: 40
  • Adjusted EBITDA: On request
  • Inventory Included: No
  • Inventory Value: $16,500
  • Monthly Rent: Negotiable
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $649,000
  • Building Size: 5712
  • FF&E Included?: Yes
  • FF&E Value: $108,342

Training/Support

  • One of the current owners is willing to stay on and train for two weeks after the transfer of the business at no charge, and may be available on a paid consultant basis should that be important to the buyer.

Facilities

  • The original diner car was built in the 1950’s and is still in very good condition. The building was constructed around the dining car in 1989 and has been consistently maintained and updated as needed. All furniture, fixtures, and equipment are in very good condition and maintained regularly

Market Outlook/Competition

  • 4 Aces Diner enjoys a very strong market share of both local and visitor customers above and beyond what their competitors experience, primarily due to its long-standing reputation for exceptional food and a fun, retro vibe thanks to it atmosphere, staffing, and food presentation.

Real Estate Description

  • Built in the early ‘50s, the building originally rested up the hill from its current location. Originally, it was a classic 1952 Worcester diner car (#837), with a “rail car” shape. The remainder of the building is a wooden outer shell built around it back in the ‘80s, providing extra seating, storage, and office space upstairs. There is also a tenant who rents one of the offices on the second floor.
Business Listed by
image of Jay Polimeno
Jay Polimeno
Sunbelt of New Hampshire
Show Phone Number
Listing ID
NEWHAMP001-55238

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