Dale's Diner, Waterville, OH
This suburban Toledo area Breakfast and Lunch Diner has an iconic NW Ohio name and serves signature items that its local and widespread customers come to enjoy in its vibrant indoor or quaint outdoor settings. Dale’s Diner was successful from its start ten years ago and its popularity and annual revenues grew each and every year until the 2020 COVID-19 pandemic year. It remained more than profitable in 2020 despite the COVID-19 shutdown and limitations.
Annual Gross Revenues exceeded $700,000 and Seller Discretionary Earnings exceeded $130,000.
Why a Great Opportunity – Major Attributes
· Well-known name and signature menu items
· Great area with residential growth booming
· Limited operational hours (7 a.m. to 2 p.m.)
· Potential for dinner hours and/or another location
Reason For Selling
Owner needs to slow down with fewer operations.
Business Name and Assets: $195,000
Building/Real Estate: $300,000 (Includes 2 upstairs rented apartments)
UPDATE AS TO STATUS:
Owner temporarily closed the operation as of 4/5/2021 due to the inability to continue to manage and staff multiple operations. All is in place for restart other than employees.