Business For Sale

Local Favorite - Drive-In Restaurant For Sale

Not Disclosed, CT
Hartford County

Landmark Diner in Town Center


Asking Price: Annual Revenue:
$150,000 $234,105

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Local Favorite - Drive-In Restaurant For Sale Broker: David Richman

Quick Facts

Asking Price: $150,000
Annual Revenue: $234,105
Net Profit: Not Disclosed
Cash Flow: $42,717
Total Debt: Not Disclosed
FF&E: $19,500
Real Estate: Not Disclosed
Year Established: 1952
Employees: 3
BBN Listing #: 185054665
Broker Reference #: CT-28

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Business Overview:

This restaurant is a local favorite in an affluent area of Hartford County in Connecticut. The drive-in style burger joint has a simple and delicious menu full of classic burgers, sandwiches, hot dogs, and chicken, plus a variety of side dishes and salads. Burgers are fresh-pressed and made with quality meats and ingredients. The restaurant also has a very popular ice-cream menu with shakes and sundaes. The restaurant is an area landmark and has been in its current location since 1952. Immensely popular with youth sports teams as a favorite go-to place for after game and practice meals and gatherings, the business does not currently advertise or operate social media. Yelp, Trip Advisor, Facebook, and Google all have “claimed” pages with excellent reviews. The current owner, an experience restaurateur and professional executive chef, purchased the business 9 years ago. The business and
its reputation for quality food and consistent service has grown significantly. The business is owner-operated with 3-5 part-time employees throughout the year including line cooks and counter servers. The location is ideal, an 1,100 square feet indoor counter-style facility with 24 seats indoors and a 20+ outdoor seating area, with
easy access from a major commuter route in a town center setting. Traffic count is 24,000 daily. The current owner is retiring, and the business is positioned for sale as a turn-key operation for a buyer with restaurant experience.

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Reason for Selling:

Retirement

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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