A Seafood Supreme Opportunity
North Branford, CT New Haven County
only game in town has never hurt
Asking Price:
$375,000
Annual Revenue:
$1,000,000
Request More Information Contact the Seller
- RE: A Seafood Supreme Opportunity
- Contact: Shawn Reilly
Quick Facts
| Asking Price: | $375,000 | |
| Annual Revenue: | $1,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $140,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | $250,000 | |
| Year Established: | 1988 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 97533937 | |
| Broker Reference #: | S SEAFOOD |
Business Overview:
It is indeed my pleasure to offer an opportunity like no other, after 34 booming years with a huge loyal repeat customer base, on a very busy road, including the property for a price like this is unheard of; the business alone is worth the price. Conveniently located on Route 80 in North Branford CT, this restaurant is Zagat Rated and has been chosen #1 in food quality, service and value by local patrons and CT publications since 1989. As noted the Holiday business is insane, on Christmas Eve alone they have to rent a refrigerated tractor trailer to store the prepared food for the $60,000 in business without any alcohol sales, and average a whopping $20,000 a week during summer months only open 5 days. This is truly an opportunity like no other to be able to get this business condo and a business generating this kind of income for this many years for a price like this is unheard of MAKE APPOINTMENT NOR FOR THIS MUST SEE OPPORTUNITY!To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
1,100 power house square foot business condo property included in the price, established impressive 35 years, 50 prosperous seats, paltry, established 34 money making years, open only 5 busy days, huge social media presence and followers, Zagat Rated, popular busy strip center, implausible $60,000 on Christmas Eve alone, $10,000 Mother’s day, $20,000 a week during summer, Friday Lenten business doubles, huge takeout and delivery, it’s great to be the only game in town, upside potential when open 7 days did $1,500,000 with a $250,000 cash flow.Market Competition and Expansion:
Competition: Being the only game in town has never hurt Growth & Expansion: Opening back to the original schedule of 7 days would bring back original income plusReason for Selling:
Other business interest.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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