Classic Local Gem
Stratford, CT Fairfield County
AAA Location
Asking Price:
$49,000
Annual Revenue:
$300,000
Request More Information Contact the Seller
- RE: Classic Local Gem
- Contact: Shawn Reilly
Quick Facts
| Asking Price: | $49,000 | |
| Annual Revenue: | $300,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $60,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $175,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 877433937 | |
| Broker Reference #: | STRATFORD LUNCH |
Business Overview:
(JUST REDUCED WAS $75K NOW ONLY $49K IT DOESN’T GET ANY BETTER) Great chance to buy a true local gem in an exceptional location with a large varied crowd pleasing menu, the popular catering arm has abundant repeat customers that have become an integral part of the business. This restaurant offers a rare quality of life schedule only open for lunch 10:00 to 6:00 and closed Sundays. To own a prosperous restaurant with a rent like this with an envied quality of life style is an opportunity not to be missed Act now!!!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:
1,200 classic square feet, unbeatable $1,880 rent including water, all take-out, no wait staff a big plus, open lunch only 10:00 to 6:00, popular extensive menu, established 16 successful years, large loyal customer and catering base keep coming back, huge upside potential.Market Competition and Expansion:
Competition: AAA Location Growth & Expansion: Staying open for early dinner service will greatly increase revenue.Reason for Selling:
Time to retire.Additional 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
Relevant Links:
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