A Seafood Supreme Opportunity
North Branford, CT New Haven County
only game in town has never hurt
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- RE: A Seafood Supreme Opportunity
- Contact: Shawn Reilly
Quick Facts
| Asking Price: | $375,000 | |
| Annual Revenue: | $1,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $140,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | $250,000 | |
| Year Established: | 1988 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 97533937 | |
| Broker Reference #: | S SEAFOOD |
Business Overview:
It is indeed my pleasure to offer an opportunity like no other, after 34 booming years with a huge loyal repeat customer base, on a very busy road, including the property for a price like this is unheard of; the business alone is worth the price. Conveniently located on Route 80 in North Branford CT, this restaurant is Zagat Rated and has been chosen #1 in food quality, service and value by local patrons and CT publications since 1989. As noted the Holiday business is insane, on Christmas Eve alone they have to rent a refrigerated tractor trailer to store the prepared food for the $60,000 in business without any alcohol sales, and average a whopping $20,000 a week during summer months only open 5 days. This is truly an opportunity like no other to be able to get this business condo and a business generating this kind of income for this many years for a price like this is unheard of MAKE APPOINTMENT NOR FOR THIS MUST SEE OPPORTUNITY!
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Property Features and Assets:
1,100 power house square foot business condo property included in the price, established impressive 35 years, 50 prosperous seats, paltry, established 34 money making years, open only 5 busy days, huge social media presence and followers, Zagat Rated, popular busy strip center, implausible $60,000 on Christmas Eve alone, $10,000 Mother’s day, $20,000 a week during summer, Friday Lenten business doubles, huge takeout and delivery, it’s great to be the only game in town, upside potential when open 7 days did $1,500,000 with a $250,000 cash flow.
Market Competition and Expansion:
Competition: Being the only game in town has never hurt Growth & Expansion: Opening back to the original schedule of 7 days would bring back original income plus
Reason for Selling:
Other business interest.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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