Business For Sale

Great Business/Commercial Real Estate Investment

Not Disclosed, CT
New Haven County

New Haven County


Asking Price: Annual Revenue:
$1,250,000 Not Disclosed

Commercial Real Estate: Retail & Shopping Centers


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RE: Great Business/Commercial Real Estate Investment Broker: Shawn C Reilly

Quick Facts

Asking Price: $1,250,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,250,000
Year Established: 1972
Employees: Not Disclosed
BBN Listing #: 979133937
Broker Reference #: redw

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Business Overview:

It’s rare that a renowned business and property like this goes on the market, this one has been in the same family for 45 years and it’s just time to retire. You’re not just buying a profitable business but actually buying a high-income property a very unusual no risk real estate investment being in business for over 45 years. For a business like this, the rule of thumb is a multiple of 10 times income in a successful market which this is with longevity. Given the unique aspect of this business it is necessary to keep it very confidential please call for more specifics and to take advantage of this incredible opportunity.

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:

3 high return acres, restaurant rent income, store rent income, unique business/commercial real estate investment, money maker for 45 years, iconic business only open 3 days a week, ample parking, potential incredible 9%-11% cap rate

Market Competition and Expansion:

Very little to no competition.

Reason for Selling:

Retiring.

Additional Details:

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

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