Business For Sale

Fairfield County, CT Beach Front Restaurant & Bar

Not Disclosed , CT
Fairfield County


Asking Price: Annual Revenue:
$295,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: Fairfield County, CT Beach Front Restaurant & Bar Broker: s
License #: REB.0441859

Quick Facts

Asking Price: $295,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: Not Disclosed
BBN Listing #: 727131096
Broker Reference #: Not Disclosed

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Business Overview:

New to the market, Beach Front
Restaurant & Bar
Fairfield County, CT

Located Directly on Long Island Sound with Great Beach Front Views of a Well Maintained Town Beach, with Ample Free Parking
This Casual 4,700 Square Feet 2 level Restaurant & Bar
Offers Interior Seating for 100, Plus an Out-Door Patio for 50 Seats.

The Kitchen has been Up-graded Since Opening in May, 2017
And is in Pristine Condition.
Gross Sales for the First 5 Months since June, Came in at
$1,100,000!
The Lease Terms are as follows:
14.5 years remain on the lease, plus 2 -5 year renewal options

Base Rent is $3500 for the 1st floor on the main level,
And, $1250 for the 2nd level which includes 2 balconies plus a great space for Private Functions

Asking $295,000
Seller might consider entertaining other “reasonable” offers for an experienced credit worthy, “serious” buyer.
Please contact
Steve Matsis
Restaurant Broker/Representative

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Reason for Selling:

Other Business Obligations.

Additional Details:

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

Documents:

Relevant Links:

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