Six Figure Earning Gln Fls Diner For Sale With Real EstSouth Glens Falls, NY 12803

For Sale
$1,200,000
Established Diner, Six-Figure Income, Turnkey

Overview

Added:
Dec 11, 2024
Days on market:
125
This well-established diner, built in 2000 and located in South Glens Falls, NY (zip code 12803), is offered for sale at $1,200,000. The property includes the real estate and boasts a strong six-figure income, averaging $100,000 in monthly revenue despite operating only six months of the year. Recent upgrades totaling $300,000 have modernized the restaurant, including new equipment and a complete renovation. The diner features a spacious interior with seating for over 100 customers, complemented by a robust takeout business. A fully equipped kitchen includes multiple fryers, griddles, ice cream machines, and ample refrigeration, including walk-in freezer and cooler units. Other equipment includes four point-of-sale registers, a KDS system, and new LED signage. The diner benefits from a prime location on a heavily traveled New York State route, near a major intersection and shopping areas, attracting a loyal customer base of locals and tourists. The simple, delicious menu features burgers, dogs, chicken tenders, fish, salads, wraps, and ice cream. The business currently employs 22 people and is managed by an experienced manager, offering a turnkey operation for a new owner. The owner is providing two weeks of support for a smooth transition. Financial records show a gross revenue of $606,569 and discretionary earnings of $137,480. This is an exceptional opportunity to acquire a profitable, established business with significant growth potential in a desirable location. The sale includes all existing equipment and inventory is not included in the asking price. Seller financing is not available.

Highlights

  • Established diner for sale in South Glens Falls, NY (zip code 12803) for $1,200,000.
  • $606,569 gross revenue and $137,480 discretionary earnings.
  • Real estate and business included in the sale price; inventory excluded.
  • Seller financing is unavailable.

Property Details for Six Figure Earning Gln Fls Diner For Sale With Real Est

Property type
Retail properties, Restaurants
Year Built
2000

Location Insight

City
South Glens Falls
County
Warren
State
New York
Latitude
43.2941106
Longitude
-73.6241855
Six Figure Earning Gln Fls Diner For Sale With Real Est, South Glens Falls, New York

FAQs

What type of property is this?
Retail property - Established Diner, Six-Figure Income, Turnkey
Where is the retail property located?
The property is located at Six Figure Earning Gln Fls Diner For Sale With Real Est South Glens Falls, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Established diner for sale in South Glens Falls, NY (zip code 12803) for $1,200,000.; $606,569 gross revenue and $137,480 discretionary earnings.; Real estate and business included in the sale price; inventory excluded.
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Six Figure Earning Gln Fls Diner For Sale With Real Est
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