Historical Restaurant/Tavern Prospect

Hamden, CT
New Haven County

backyard of celebrated huge University

Asking Price: Annual Revenue:
$299,000 $800,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Historical Restaurant/Tavern Prospect Broker: Shawn Reilly
Owner Financing is Available!

Quick Facts

Asking Price: $299,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: CT
Year Established: 1993
Employees: Not Disclosed
BBN Listing #: 570933937
Broker Reference #: qc

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Business Overview:

This is an exceptional rare opportunity to own a restaurant/ tavern of this caliber established for an incredible 25 years for a price like this.This is the go to place for major highly acclaimed University for a profitable college night and major events, with impeccable record for not serving minors, and after being established for all those years they have established a very large loyal customer base as well. There are too many reasons including 25 years in business, incredible location, profitable, liquor to food ratio, gross business, price and more not to act to take advantage of an opportunity of this magnitude CALL NOW!

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Property Features and Assets:

4,800 fabled square feet on two floors, $5,900 judicious base rent, 46 prosperous bar seats, 50 charismatic dining, captivating patio with bar and 60 seats, money making 2nd floor for parties and college nights, open 7 flourishing days lunch dinner late night with bands, profitable 60% food to 40% liquor ratio, established 25 successful years, upside potential, backyard of celebrated huge University.

Market Competition and Expansion:

Competition: Excellent location Growth & Expansion: Start delivery to University would be huge.

Reason for Selling:

Well-earned retirement after 25 years.

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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