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Business For Sale

197 Seat Restaurant with Real Estate

Danbury, CT, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$800,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1968
11
50712770

Business for Sale Overview:

The Sorrento Restaurant had been a Danbury landmark for over 40 years. The present Owner’s bought the business in 2006 and the following year acquired the Real Estate. This 5,811 s.f. former restaurant had 56 seats in the dining room, 15 seats and 10 stools in a separate Bar and 120 seats in the second level Banquet Room. Total seating allowed is +/- 197. It has a full kitchen with a giant walk-in cooler & freezer.

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:

The Restaurant is now closed so only the Real Estate is being offered for sale. This 1.13 acre property includes 4 separate parcels. It is located in Danbury’s CG 20 zone which allows many different commercial uses like retail stores & shops, office, medical, restaurants, banks, church, health center, day care. The real estate is located on Route 6 (Newtown Rd) in Danbury, CT between downtown Danbury, Western CT State University, Office & Industrial Parks, Shopping Centers (strip malls) and the Entrance & Exit ramp (Exit 8) of I-84. Paved parking for over 43 vehicles.

Reason for Selling:

Under capitalized.

Additional Details:

  • The property is owned.
  • The owner is not 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.
 

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