A Sleeping Giant
Not Disclosed, CT New Haven County
Quaint upscale East Shore community
Asking Price:
$275,000
Annual Revenue:
$1,000,000
Request More Information Contact the Seller
- RE: A Sleeping Giant
- Contact: Shawn Reilly
Owner Financing is Available!
Quick Facts
| Asking Price: | $275,000 | |
| Annual Revenue: | $1,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $550,000 | |
| Real Estate: | $1,900,000 | |
| Year Established: | 1995 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 141533937 | |
| Broker Reference #: | BIL FUS |
Business Overview:
A sleeping giant opportunity that needs a wakeup call! A giant indeed - with 9,000 charismatic square feet with an electric bar & lounge, featuring an inviting patio on the deck, money making private party room, an appealing dining room, and a pizza pick-up area, Located in a prominent quaint east shore town on a busy Rte. 1 location. During their 23 profitable years at its peak did $2,000,000. They have now leveled off at a very respectful $1,000,000 due to scaling back hours of operation, closing Sundays & Mondays and stopped serving lunch. With vim and vigor you can wake up the giant and bring it back to the high grossing days of old. The rare ability to purchase property & business, or just business, makes this a special opportunity. Now is the time to act on this one with all of the attributes associated with this giant. Contact us now, for this must see!To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
9,000 classic square feet, 1.03 prominent acres, charismatic 125 seat party room, inviting bar/lounge, alluring 80 seat dining room, captivating 36 seat popular porch, large functional plus basement, efficient pizza pick up area, well-designed kitchen with all the bells and whistles, large 2 bedroom apartment easily lease out for $1,000 month, striking grounds, ample parking, incredible curb appeal, unique opportunity to purchase property & business or just business, a local gem for incredible 23 years, well-traveled Rte. 1 location, abundant upside potential, terrific website.Market Competition and Expansion:
Competition: Quaint upscale East Shore community Growth & Expansion: Bring back the old hours of operation and it will zoomReason for Selling:
Well-earned retirement after 23 years.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
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