Available
Longtime Profitable Diner in Washington Heights - $350k Net to Owner Operator
$899.000
Description
Established 40-Year Diner in Prime Washington Heights Location – $3.8M in Annual Sales
- Asking Price: $899,000
- Gross Revenue: $3,800,000
- Net Profit: ~$350,000
- Size: 2,000 SF + Full Basement
- Seller Financing: 50% available for qualified buyers
This is a rare opportunity to own a turnkey, high-performing diner that has been a neighborhood staple in Washington Heights for over four decades. Located on a busy avenue just steps from the subway, this 2,000 square foot establishment boasts exceptional foot traffic and consistent business from a loyal customer base of local residents, commuters, and working professionals.
The diner generates an impressive $3.8 million in gross annual sales, with the current owner netting approximately $350,000 annually. The space includes a fully built-out commercial kitchen, dining area, and a full basement for storage and prep, making it an efficient and functional operation for a hands-on owner-operator or seasoned restaurateur.
This business is perfect for an experienced buyer seeking a proven, well-established operation in a high-density Manhattan neighborhood. The seller is offering 50% seller financing to qualified buyers — making this an even more accessible and attractive investment.
Highlights:
- In business 40 years with strong brand recognition
- Steps from subway, excellent visibility and high foot traffic
- Turnkey operation with experienced staff
- Steady revenue, strong profit margins
- Seller willing to train and assist during transition
Serious inquiries only. NDA and proof of funds required.
Overview
Property ID:
12502
Type:
Retail Restaurants Full Service - Diners - Pizzeria Or Specialty
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