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Business For Sale

Tavern w/ Real Estate, 2 Apartments

New Britain, CT, USA

Food & Beverage: Restaurants, Fast Food, Deli

Owner Financing is Available
2nd mortgage possible from owner.
Asking Price:
Year Established:
Employees:
Listing Number:
$298,000
1934
2
4543913
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$126,000
Not Disclosed
Not Disclosed
Not Disclosed

Business for Sale Overview:

Blue collar bar and restaurant, which has been continuously operated for 75 years! Food comprises 40% of sales. The menu is casual - grinders, sandwiches, soups, pasta, a few entries and sides. Beer and drinks are reasonably priced. Inventory $6,000 not included in price.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

The restaurant/bar occupies 1st floor of a 2 story building, which has 2 apartments on 2nd level that rent for $500 per month each plus utilities. The main level is divided into halves – the bar on one side and the restaurant on the other. There is a well equipped compact kitchen in the rear. The 684 square feet garage is adequate for four cars. Across the street is an approximately 70’x100’ parking lot.

Market Competition and Expansion:

Needs a good face lift inside. Pizza might do well here, or convert to an ethnic restaurant with full liquor. Needs a good face lift inside. Pizza might do well here, or convert to an ethnic restaurant with full liquor. Near Central CT State University..

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Tavern w/ Real Estate, 2 Apartments
Business Listed By:
Dave Larson
Larson Associates
contact the seller
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