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Business For Sale

Lower Fairfield County Restaurant, Bar, Banquets

Not Disclosed, CT, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$650,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
17
648021683

Business for Sale Overview:

Full service 5,900 square feet free standing restaurant & bar also offering banquet service, located in a beautiful setting on a municipal golf course in lower Fairfield County, with 85 private parking spaces. All equipment, furniture and fixtures are 5 years old, and in excellent condition. The dining room seats 100, bar & lounge seats 30, and the outdoor deck seats 85. Excellent lease at $7,600 per month, gross, No Nets! And annual increases are only $100.00 per month. Also included in the rent are 2 seasonal snack shops. Currently, the restaurant and bar is grossing $1,200,000 annually, plus an additional $200,000 from the snack shops. This is a prime opportunity for a buyer with strong banquet/catering skills. Asking $650,000 with $300,000 down, and seller will finance the balance. All reasonable offers will be considered.

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.

Reason for Selling:

Seller owns 2 other restaurants.

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.
 

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