Best Buy Iconic Family Restaurant
Bethany, CT New Haven County
Competition/Market Pros: This family restaurant enjoys little to no competition in a AAA location
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- RE: Best Buy Iconic Family Restaurant
- Contact: Shawn Charles
Quick Facts
| Asking Price: | $399,000 | |
| Annual Revenue: | $850,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $200,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $500,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 985436 | |
| Broker Reference #: | BETHANY |
Business Overview:
Get ready to be amazed! This high-grossing family restaurant spans an impressive 3,000 booming square feet and boasts 120 money-making seats. With an incredibly reasonable monthly rent of just $6,600, this opportunity is one you can't afford to miss! A long-term lease is available, making this a wise investment. Open only five lucrative days a week from 8:00 AM to 8:00 PM for breakfast, lunch, and dinner, this restaurant has been a beloved community staple for 24 remarkable years, earning a vast and loyal customer base. You'll find a fully functional basement, a spacious parking lot, and a huge sports complex right across the street. Highly acclaimed with rave reviews, this family restaurant exudes a welcoming, homey ambiance, featuring large booths and tables perfect for larger groups. It even has a party room for special gatherings. The homemade specials, crafted just like Grandma used to make, will leave your taste buds craving more. Meticulously maintained, this restaurant is ready for you to take the reins and continue its legacy of success. If you have the passion and expertise to carry on this legacy, this is your golden opportunity! Such an extraordinary chance to own a well-established, profitable family Restaurant at this price point is truly once in a lifetime. Don't let this gem slip through your fingers; the time to act is NOW!
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Market Competition and Expansion:
Competition/Market Pros: This family restaurant enjoys little to no competition in a AAA location growth
Expansion: Opening 7 days, not 5, will make this one soar way above $1m, at least back to what they used to do, $1.3m
Reason for Selling:
Other business interestAdditional Details:
- The property is Leased.
- 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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