Best Location In Town

New Haven, CT New Haven County

unbeatable, right next to Yale University, attracting students, faculty and visitors alike

Asking Price: $595,000

Annual Revenue: $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Best Location In Town
Contact: Shawn Charles

Owner Financing is Available!

Quick Facts

	Asking Price:	$595,000
	Annual Revenue:	$1,500,000
	Net Profit:	Not Disclosed
	Cash Flow:	Not Disclosed
	Total Debt:	Not Disclosed
	FF&E:	$800,000
	Real Estate:	Not Disclosed
	Year Established:	Not Disclosed
	Employees:	Not Disclosed
	BBN Listing #:	943448
	Broker Reference #:	NEW HVN

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Business Overview:

This is the opportunity you've been waiting for! A spacious Italian restaurant with 3,200 square feet of space, 90 cozy dining seats, 20 vibrant bar seating, and one of the best 60 seat patios in town. You won't believe the rent is only $8,000 all in, which includes trash, property tax and insurance. This is a turnkey Italian restaurant in excellent condition, thanks to a recent $800,000 complete renovation. The location is unbeatable, right next to Yale University, attracting students, faculty and visitors alike. The restaurant is open 7 days a week for lunch and dinner, and it's a cash cow with huge potential for growth. The best part is, the owner is absentee and pays $170,000 for management costs, which means you can pocket that money if you run it yourself. Don't let this chance slip away, this is the go to place for the Yale community and you can make it yours today!

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Property Features and Assets:

3,200 ultimate square feet, 90 booming dining seats, 20 electric lively bar seating, one of the best 60 seat patio in town, a bargain rent $8,000 all in (includes trash, property tax & insurance), turnkey in excellent condition with recent $800,000 complete renovation, preeminent envied location, the go to place for the Yale community, open 7 prosperous days lunch & dinner, absentee owner, management cost whopping $170,000 which can be yours, coveted full basement with walk-in & storage, high grossing cash cow with upside potential.

Market Competition and Expansion:

Competition: There are very few if any locations that can compare with this one

Growth & Expansion: The right experience financially qualified owner operator will make all the difference

Reason for Selling:

Other business interest

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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