Request More Information Contact the Seller
- RE: Fairfield County Five Star Winner
- Contact: Shawn Charles Reilly
Quick Facts
| Asking Price: | $495,000 | |
| Annual Revenue: | $2,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 850,000 | |
| Real Estate: | $120,000 | |
| Year Established: | 2007 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 850233937 | |
| Broker Reference #: | NEWTOWN |
Business Overview:
Are you looking for a successful and well-established restaurant business in a historic and charming upscale town? Then this is the perfect opportunity for you. The rent is also perfect, only $13,000 all in which is a 6% rent factor. This restaurant has 6,000 square feet of money-making dining space, including a large full-service bar, 2,500 square feet of inviting patio and 150 car parking lot. The restaurant is making an impressive $50,000 a week, with great potential for growth for a new owner. The natural wood interior creates a warm rustic atmosphere, while the fireplace adds comfort for the cold winter nights. The restaurant is situated on a busy road with 23,000 cars passing by every day and serves a population of 27,577 with a median income twice the national average. The restaurant is open 7 days a week for lunch and dinner and has a state of the art fully equipped kitchen; any casual dining concept would do very well here. The current owner is absentee, so this is an ideal opportunity for an experienced owner operator to take over and expand this business. Don't miss this chance to own a profitable turn-key restaurant business with a reasonable rent in a prime location with property. Act now!
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.
Market Competition and Expansion:
Competition: A very special high grossing business in a very special town. Growth & Expansion: Having an absentee owner, a savvy owner operator or a seasoned multi-unit operator who can transform this location into a different casual dining concept. With the right vision and execution, this business can return to its peak performance of $90,000 a week in sales!
Reason for Selling:
Other business interests.
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:
- View more Connecticut businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
