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- RE: Incredible Restaurant In AAA Location
- Contact: Ken Stein
Quick Facts
Asking Price: | $399,000 | |
Annual Revenue: | $1,300,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $140,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,000,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 18 | |
BBN Listing #: | 989191 | |
Broker Reference #: | 15756 |
Business Overview:
One-of-a-kind location that has been a loved fixture of this community for decades. Seating close to 200 patrons with a separate private party room for 80 guests. Highly profitable as they have SHORT hours, primarily open only for dinner 5 days per week. SO much potential to super charge this highly profitable business. Their location can’t be beaten, exactly where the action is for both the community and transient visitors. FIRST restaurant everyone sees. This is a rare opportunity to purchase a profitable, well-established busy restaurant in Hartford County, Connecticut with sales over $1.3m. LOW overhead expenses with rent at about 6.5% of sales, short hours keeps their well-seasoned staff expense in line and PRICED to sell as seller is ready to retire and is working about 30 hours per week. full seasoned staff in place. This can be a $2m+ revenue for an experienced operator. The restaurant has an updated POS system, top of the line kitchen equipment, ample parking and full basement. A well-operated, established business with short hours and excellent books and records cannot be easily duplicated. Please refer to listing #15756 when inquiring about this listing.
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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
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