Listing ID : 2431559
Broker ID : STADIUM
Listed On December 10, 2024 53
Listing Updated December 10, 2024
Listing Highlights :
This long established and well known landmark diner is the envy of many restaurateurs and pride of the area. They have been inbusiness 63 years and current operator is the 3rd owner. It’s nestled amongst thousands of retailers, commercial buildings, municipality offices, residential neighborhoods and in proximity to Hard Rock Stadium. It sits on the corner of a strip center as a free standing building with excellent visibility on all 4 corners of the lighted intersection.
Diner has its nostalgic look of red booths, chrome bar stools and a fun, casual and family atmosphere. The menu is extensive and has something for everyone. They have a max indoor seating capacity of 98. The space underwent a complete renovation with new booths, ceiling, A/C, roof, and kitchen equipment less than 5 years ago. Aside from dining in, the business uses most food delivery apps like Doordash, Uber Eats, Grubhub, and Cookdash, as well as, pick-up orders.
Operator works approximately 8 hrs/day six days a week and has a good loyal staff with many of them since its acquisition in 2017. Seller has leveraged the history and fame of the business by having several music video shoots, podcasts, fashion shows and other private engagements rent out the space after hours for these additional revenue streams. There’s been a strong demand for dinner service which a prospect Buyer can capitalize upon and generate additional revenue. The sale is very confidential and staff is not aware of it. Non Disclosure Agreement and Proof of Funds are required in order to release additional information or schedule a site visit.
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