Available
Longtime Profitable Diner in Washington Heights - $350k Net to Owner Operator
$949.000
Description
Established 40-Year Diner in Prime Washington Heights Location – $3.8M in Annual Sales
Asking Price: $949,000
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 requried.
Overview
Property ID:
12502
Type:
Retail Restaurants Full Service - Diners - Pizzeria Or Specialty
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