Turn-key opportunity to own a beloved and well-established diner in the heart of Putnam County, serving breakfast and lunch six days a week. This long-standing local favorite boasts a large dining room and bar area, and comes fully equipped with all kitchen equipment and proprietary recipes. With 13 years remaining on the lease, new ownership will benefit from a locked-in rent rate and a rock-solid foundation. The current staff is open to staying on, providing a seamless transition for any buyer. The diner is known for popular community programs like kids' craft events and senior brunch days, and holds several catering accounts with local businesses, offering additional income streams. Whether you want to keep things running as-is or add your own flair, this is a true plug-and-play opportunity. Financials available with signed NDA.
565 Route 6, #1 & 2, Mahopac, NY, 10541
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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