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- RE: A True Gem Tavern
- Contact: Shawn Charles
Quick Facts
Asking Price: | $139,000 | |
Annual Revenue: | $850,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $200,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $300,000 | |
Real Estate: | $1,500,000 | |
Year Established: | 2019 | |
Employees: | 26 | |
BBN Listing #: | 990306 | |
Broker Reference #: | WALNGFRD |
Business Overview:
Prepare to be enchanted by this incredible opportunity! Nestled in the heart of the community, this charming tavern restaurant spans an impressive 3,000 square feet of inviting space. It has firmly established itself as a cornerstone of the local scene. With an impeccable reputation, it offers an unmatched opportunity at an astonishingly low rent of just $2,200 per month. Step inside to discover 74 warm and charismatic seats, alongside a magnetic full-service bar that boasts 24 beer taps, setting the stage for a lively and vibrant atmosphere perfect for social gatherings. The full basement, thoughtfully equipped with beer, refrigeration, and dry storage, ensures all operational needs are met seamlessly. Outside, a dedicated parking lot adds convenience for guests. At the same time, the restaurant’s allure extends further with an enticing patio complete with its own full bar, a favorite spot for patrons to gather and unwind. This business thrives six days a week with moneymaking dinner service, plus lunch on Saturdays and Sundays. The newer mechanicals and Wallingford electric—the most affordable service in Connecticut—add to its undeniable appeal. And then there’s the menu: a culinary masterpiece ahead of its time, drawing rave reviews across numerous platforms. From non-traditional delights like tuna tartare to classic wings and an extensive draft beer selection, the offerings cater to every palate. Guests can savor their meals on the outdoor patio under sunny skies, surrounded by a welcoming ambiance with a big screen TV and full bar. The old-style, original brick walls, beautifully crafted bar, and comfortable seating create a vibe that’s as memorable as inviting. This is more than a place to dine—it’s an award-winning venue where memories are made, every visit feels like a special occasion, and the community gathers to celebrate life’s simple joys: amazing food, drinks, and company. A true gem in the culinary landscape, this restaurant seamlessly blends ambiance, flavor, and an unbeatable location. Don’t let this rare opportunity slip through your fingers—call now to see this must-see treasure for yourself!
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Market Competition and Expansion:
Competition: Cornerstone of the local scene with a celebrated reputation
Growth & Expansion: Opening for lunch and more marketing would work wonders here
Reason for Selling:
RetirementAdditional 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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