Only $50k Down For This Gem
New Haven, CT New Haven County
State St coveted east rock neighborhood AKA Yale Grotto
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- RE: Only $50k Down For This Gem
- Contact: Shawn Charles
Quick Facts
| Asking Price: | $89,000 | |
| Annual Revenue: | $1,300,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $200,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $300,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2013 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 938568 | |
| Broker Reference #: | OAK HAVEN |
Business Overview:
HOW LOW CAN YOU GO IT DOESN’T GET ANY BETTER AT THIS PRICE AND DOWN PAYMENT!!!!!! Are you looking for a dream location to run your own pub in the heart of New Haven? Then you won't want to miss this amazing deal! Oak Haven, a beloved pub that has been serving the East Rock neighborhood for 10 years is closed and exciting opportunity for the next wining concept, and is up for sale at a bargain price! This is your chance to take over a fully equipped and ready-to-go pub. You can keep the old farm to table concept or change the concept to suit your vision and the needs of the community. You'll have a cozy and welcoming space of 1,300 square feet, with 52 seats inside and 20 seats outside on the lovely patio. You'll also have a full-service bar with all new equipment and a large basement for storage. The rent is only $2,450 per month, which is unheard of for this prime location in the Yale Grotto area. This pub used to make $800k before the pandemic and has the potential to reach $1M with the right concept and marketing. It has also won many
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Property Features and Assets:
1,300 vivacious square feet, Paltry $2,450 rent exceptional, established 10 flourishing years, Sought-after East Rock Neighborhood AKA Yale Grotto, Full treasured basement, 55 flourishing seats, Popular 20 seat patio, Cosmic Upside potential, fully equipped kitchen, newer equipment throughout, it doesn’t get any better here at this new price.
Market Competition and Expansion:
Competition: Located on State St coveted east rock neighborhood AKA Yale Grotto housing faculty and students
Growth & Expansion: Growth/Expansion: With a new concept and new veteran operator given this location you can only win
Reason for Selling:
Other business interest
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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