You Get More Than You Pay For Here
Not Disclosed, CT New Haven County
This is not just a restaurant/lounge/bar; it's a destination that promises an adventure for the senses
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- RE: You Get More Than You Pay For Here
- Contact: Shawn Charles
Quick Facts
| Asking Price: | $899,000 | |
| Annual Revenue: | $2,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $250,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $1,200,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2017 | |
| Employees: | 27 | |
| BBN Listing #: | 980312 | |
| Broker Reference #: | VOLVO |
Business Overview:
Imagine a culinary haven where every detail is meticulously crafted to offer an unparalleled dining experience where guests can savor traditional Italian cuisine, expertly prepared. This is not just a restaurant/lounge/bar; it's a destination that promises an adventure for the senses. With 6300 square feet spread over multiple levels, each corner of this space tells a story of elegance and sophistication. The rent, a modest $8100, includes CAM, property taxes, and insurance, making it an exceptional find in today's market where such a low rent factor of 4% is a rarity. Open for six bustling evenings or dinner and popular happy hour. The recent total renovation from top to bottom with all new mechanicals, costing over $1.3 million, has transformed the space into a state-of-the-art marvel. Brand new equipment, a top-tier sound system, and bars equipped with the latest technology set the stage for an epicurean journey. This restaurant and lounge is a treasure trove for any restaurateur, The interior features 90 vibrant seats on a balcony complete with a full bar and TVs, plus an additional 90 thriving seats on the lower level, which includes a full bar, stage, and sound system offers a vibrant atmosphere for guests to indulge in the rich flavors of traditional Italian cuisine and late night, while the balcony, featuring a full bar and TVs, provides a view of the thriving scene below. This restaurant/lounge is a remarkable opportunity with everything brand new and an extraordinary rent. Don't let this chance slip away; it's a golden ticket to a thriving business and an investment in a future filled with flavor and festivity.
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Market Competition and Expansion:
Competition: This is not just a restaurant/lounge/bar; it's a destination that promises an adventure for the senses
Growth & Expansion: All need is more marketing to make a difference here
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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