Booming Family Restaurant
New Haven, CT New Haven County
Madison
Seller's Contact Information
- RE: Booming Family Restaurant
- Contact: Shawn Reilly
Quick Facts
| Asking Price: | $199,000 | |
| Annual Revenue: | $400,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 250,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 247733937 | |
| Broker Reference #: | FAMILY REST |
Business Overview:
This is a high grossing restaurant that caters to families and individuals who want a casual and friendly atmosphere but expect better than the usual American dinner fare. There is upside potential in this popular all ready busy 75 seat eatery by simply opening for breakfast and investing in advertising which there is none being done now. The owner after many years in the business is retiring which has produced this incredible opportunity to take advantage of. Act now to see this east shore splendor
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Property Features and Assets:
2,400 prosperous square feet, 75 popular seats, scant $1,900 gross rent ( includes CAM, property tax) a month), upside potential, presently open 10-9:00 seven days a week, code grease trap, full liquor license, proven location for decades, upscale east shore community, brand new full renovation, great fully equipped kitchen good for any concept
Market Competition and Expansion:
Competition: Quaint upscale east shore community Growth & Expansion: Opening for breakfast and investing in advertising which there is none being done now
Reason for Selling:
Owner after many years in the business is retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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