Waterfront Says It All!
Guilford, CT New Haven County
As they say there not making any more waterfront
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- RE: Waterfront Says It All!
- Contact: Shawn Charles
Quick Facts
| Asking Price: | $499,000 | |
| Annual Revenue: | $1,800,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $250,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,200,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | 27 | |
| BBN Listing #: | 980742 | |
| Broker Reference #: | MOORINGS |
Business Overview:
It’s very rare to find waterfront Restaurants and here’s one a high grossing dining and watering hole that offers stunning views of Long Island Sound and serves a diverse menu featuring fresh seafood and American cuisine. It has private event spaces that can accommodate up to 80 guests. Patrons can enjoy watching boats sail by while savoring a delicious meal and specialty cocktails. The popular outdoor seating with bar creates a picturesque setting, enhanced by the soothing sounds of lapping waves and a gentle sea breeze, making for a delightful ambiance. Ample parking is available. Established for an impressive 25 years, the venue has a monthly rent of $14,000, reflecting a 9% rent factor. It would cost over $1 million to replicate and duplicate this facility. The establishment boasts an extraordinary website and active social media presence. Features include a vibrant bar with 20 seats, a money-making lounge area with 60 seats that occasionally hosts exhilarating entertainment, 30 inviting patio seats and bar where guests are close enough to fish, and 100 captivating dining seats. The venue spans 5,000 square feet of prime waterfront space. Currently, the owners are absentee and have decided to retire after 25 years. This presents a unique opportunity for a new owner operator to revitalize the business and substantially increase revenue. Contact us through reply to this ad button now for this must see high grossing waterfront opportunity, this one will go quick!
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Market Competition and Expansion:
Competition: As they say there not making any more waterfront
Growth & Expansion: An experienced owner operator will knock this out of the park and given its prime location any concept will work here
Reason for Selling:
Well-earned 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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