Flagstaff Restaurants For Sale
Flagstaff Diner For Sale
Here is a great opportunity to own a unique diner with a long history of success with about 34,000 cars driving by this restaurant each day, creating a great opportunity to capture some of them. The owner is selling because he has lost his passion for the business and this has resulted on horrible cost management.
In 2013 Food Costs are running near 37% and labor costs are running at a WHOOPING 38%! Talk about opportunity hitting you in the face, it couldn't hit you any harder than this. So if you're a fix-it person and know the restaurant business, then this breakfast, lunch and dinner business is your dream come true.
The 2012 revenues were $589,000 with a rent factor of slightly less than 10%, giving a new owner the opportunity to really create some great profit.
This diner has a classic feel and look and is perfect for national chain such as Denny's, IHOP, and even a 5 & Diner as well as a Johnny Rockets! And at this price, you're off to a great start with your new restaurant.
This is a Paramount Restaurant Brokers, inc. Listing
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
Facilities
Highlights
- Great Turn-a-Round Story Awaits!
- Fantastic Location, Lot of Street Exposure
- High Profile Location
- Capable of doing 3 times the current volume
- Labor Costs Out of Control 38%
- Food Costs High
- Classic Diner Feel and Look
- 34,000 Cars Per Day Drive By This Restaurant
Financing
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 40,562 |
| Households | 5-mi |
| 2010 Number Of Households | 13,472 |
| 2010 Persons Per Household | 2.75 |
| Median House Value | $259,600 |
| Income Per Household | $58,662 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 1,055 |
| 2012 Number Of Employees | 29,072 |
| 2012 Total Annual Payroll | $609,468,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.