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Business For Sale

High Profit, Restaurant/Tavern-Great Location

Wallingford, New Haven County, CT

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$199,000
$225,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$600,000
Not Disclosed
Not Disclosed
0
241133937
Owner Financing is Available!

Business Overview:

To find an exceptional high grossing casual American restaurant/tavern of this caliber in an outstanding location with a super food to liquor ratio is astounding. The present owners are switching their business model and have offered this opportunity at an incredible price to sell quickly. The restaurant was fit up from scratch in 2008 and is in amazing condition with an incredible kitchen. There is plenty of room for growth given the absentee owners and with an owner operator it would make a huge difference. Contact me now to see this one!

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:

Prime chain type location with huge traffic count. 4,200 superb square feet, 140 lucrative seats, enormous traffic count, 5 Screen movie theater in your back yard, new code grease trap, $7,200 gross (includes property tax, CAM) rent plus utilities for this chain like location, abundant free parking. $600,000 complete new renovation in 2008.

Market Competition and Expansion:

Prime chain type location with huge traffic count. On Premise owner would really make the difference here.

Reason for Selling:

Absentee owners/Changing business model.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: