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Business For Sale

SPECTACULAR RESTAURANT/BAR/LOUNGE

Attn: Steve Matsis
Danbury, CT, USA
Listing #: 468121683
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Asking Price: $625,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Year Established: 2006
# of Employees: 25
Yearly Gross Income: $1,400,000
Monthly Payroll: $40,000
 

Business for Sale Overview:

"PRICE REDUCTION" One of a kind 5,200 Square Feet restaurant and bar located in the greater Danbury CT market, 2 miles from Westchester County, NY. The build-out is second to none with a very NY City look and feel. The huge kitchen is state of the art, with two lines. The dinning room seats 180, and the bar/lounge holds 70. This is a successful young restaurant grossing an average of $1,400,000 per year. There are 3.5 years remaining on the current lease plus three five year renewal options. And the options are already pre-priced at constant CPI yearly increases. I Big must see at an Asking Price of $625,000, and the Seller will hold financing.


Property Features and Assets:

Location, location, location! Big crossover customer base from Westchester County, NY. Less than 1/4 of a mile from I-84 on/ramp. Beautiful, contemporary interior design, and state of the art everything.


Market Competition and Expansion:

The area is known for fine dinning restaurants and bars.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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