Business For Sale

Favorite Neighborhood Bar For Sale in CT

Not Disclosed, CT
Hartford County

Hartford County


Asking Price: Annual Revenue:
$145,000 $243,892

Food & Beverage: Bars, Clubs, Nightspots


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RE: Favorite Neighborhood Bar For Sale in CT Broker: David Richman

Quick Facts

Asking Price: $145,000
Annual Revenue: $243,892
Net Profit: Not Disclosed
Cash Flow: $30,354
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: $400,000
Year Established: 1963
Employees: 3
BBN Listing #: 761754665
Broker Reference #: CT-25

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Business Overview:

Our client is a successful urban neighborhood bar located in Hartford County. The bar is a profitable local favorite with consistent year round sales. The business opened in 1963 in its current location, a 1,500 square foot free-standing commercial building with restaurant space that seats 60. The business is currently family run by the owner who works part-time with additional three family members who also work part-time. There is one full-time bartender, and two part-time servers. The business is successful in its current model which does not include online or print advertising. No pub-menu food is served. Patrons enjoy complimentary bar snacks such as popcorn and pretzels. This is a great opportunity for a buyer looking for an established and profitable bar/restaurant opportunity with a great reputation.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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