Business Overview:
"PRICE REDUCTION" One of a kind 5,200 Square Feet restaurant and bar located in the greater Danbury CT market, 2 miles from Westchester County, NY. The build-out is second to none with a very NY City look and feel. The huge kitchen is state of the art, with two lines. The dinning room seats 180, and the bar/lounge holds 70. This is a successful young restaurant grossing an average of $1,400,000 per year. There are 3.5 years remaining on the current lease plus three five year renewal options. And the options are already pre-priced at constant CPI yearly increases. I Big must see at an Asking Price of $625,000, and the Seller will hold financing.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Location, location, location! Big crossover customer base from Westchester County, NY. Less than 1/4 of a mile from I-84 on/ramp. Beautiful, contemporary interior design, and state of the art everything.
Market Competition and Expansion:
The area is known for fine dinning restaurants and bars.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.