Business Overview:
“No Bank Financing Needed”! Mortgagor offers a 3 year, interest only, balloon mortgage with 25% down! Located just off of Rt.7, on a country road in the New Milford area of Litchfield County, this charming, 200 year old fully equipped closed restaurant and bar comes turn-key with numerous upgrades. Situated on ½ acre of land, the restaurant seats 25 in the main level dining room, 14 stools at the bar in the pub room, 30 seats in the 2nd floor dining room, and 20 seats on the outdoor deck. In addition to the restaurant, there is an antique red barn on the property, which can be used for additional storage. Everything has been upgraded, including the kitchen, over the past 3 years! Prime opportunity for any Pub/Bar concept with a full menu. Asking: $525,000 with 25% down!
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:
Too many upgrades to list.
Market Competition and Expansion:
Very little competition.
Additional Details:
- The property is leased.
- The owner may be 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.