Business For Sale

Connecticut Restaurant & Bakery For Sale

Not Disclosed, CT
Hartford County

Farmington Valley

Asking Price: Annual Revenue:
$160,000 $1,155,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Connecticut Restaurant & Bakery For Sale Broker: David Richman

Quick Facts

Asking Price: $160,000
Annual Revenue: $1,155,000
Net Profit: Not Disclosed
Cash Flow: $72,063
Total Debt: Not Disclosed
FF&E: $185,357
Real Estate: Not Disclosed
Year Established: 2014
Employees: 22
BBN Listing #: 238654665
Broker Reference #: CT-19

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Business Overview:

Our client is a successful restaurant in the Farmington Valley area of Connecticut seeking a buyer for its physical assets. Over 40 pieces of equipment are for sale, including the contents of the retail restaurant area. Total value of all items for sale is $185,357. The business is currently owner-operated in multiple locations in Connecticut. The owners have decided to consolidate to one location and pursue
additional business ventures. The location for sale had gross sales of $1,155,000 in 2017. Approximately $500,000 was invested in the build-out renovation to the beautiful space. Total square footage of the business is 6,000 square feet. Additional space is also available in this location. An entrepreneurial buyer will be able to successfully build a new brand in the current space utilizing the assets for sale. The Farmington Valley is a hub of activity in Hartford County, and features
many popular restaurants and shopping destinations. The business currently sees many repeat and new customers, especially during the seasons when the business can utilize its large patio. The location is a popular breakfast and lunch spot, and conveniently located on a major route with ample parking. This is an excellent opportunity for a buyer looking to open a restaurant in the Farmington Valley.

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Property Features and Assets:

Approximately $500,000 was invested in a build-out renovation in 2014. Total square footage of the business is 6,000 square feet with additional space available in this location from the Landlord. Located on major route in a sophisticated shopping center with ample parking.

Reason for Selling:

Other Business Interests.

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.

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