(386) 451-5313
111 Magnolia Ave, Daytona Beach, FL 32114, United States
clara@floridagir.com

Steve’s Famous Diner

$300.000
  • Property type: Commercial
  • City: Daytona Beach
  • Zip Code: 32117
  • Property size: 4,600 ft²
  • Gross Revenue: $984,000
  • FF&E: $200,000
  • Rent: $6,170 per month
  • Inventory: $12,000*
  • Established: 1989
  • Real Estate: Leased
  • Lease Expiration: 8/31/2023
  • 2023Employees: 20
  • Furniture, Fixtures, & Equipment (FF&E): Included in asking price
  • Facilities: See Photos! Restaurant equipment and furnishings included, worth approximately $200K (Home Based)
  • Competition: Currently good market conditions.
  • Financing: No financing options available.
  • Support & Training: 30 days of training: first week 6 hours a day for first 5 days; 2 thru 4th week, 4 hours a day 3 days a week. This is flexible.
  • Reason for Selling: Current Owner owns two restaurants and it is too much work to operate both.

Details

This successful, profitable, well equipped breakfast, lunch and dinner restaurant has been owned and operated by the same family for more than 30 years. It has weathered through recessions and now the Covid pandemic. Business is back in full operation. Includes Beer & Wine Licenses and seats 187 people, with one large and one small dining room for banquets. The owner currently has multiple breakfast banquets per month. It is ready for you to take over with a new name and continue to grow. Located in a high traffic area. Total Gross Income $948,002.84 for the year 2019. Close to Daytona Beach International Speedway, ERAU, Daytona State College and only a 15-minute drive to the beach, and 1 hour to Orlando and Disney. Click here to see the second restaurant. If purchased along with this restaurant the name would be available to be purchased. Only serious inquires.

Video

  • ID: 5649
  • Published: April 22, 2021
  • Last Update: April 23, 2021
  • Views: 443