Waterbury, CT Very active restaurant & Bar

Waterbury, CT
New Haven County

Asking Price: Annual Revenue:
$129,000 $900,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Waterbury, CT Very active restaurant & Bar Broker: Steve Matsis
License #: REB.0441859

Quick Facts

Asking Price: $129,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 443031096
Broker Reference #: Not Disclosed

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Business Overview:

Originally priced at $300,000, Owner has other business obligations that call for his immediate, undivided attention, and is now putting this well appointed full service Restaurant & Bar on the bidding block at a very reasonable bargain price of $129,000! which includes all furniture, fixtures, and equipment. of which are in pristine, 100% turn-key condition. This Waterbury New haven County CT Restaurant & Bar is located in close proximity to Naugatuck CT and offers a large variety of Italian/American menu choices, and Live weekend entertainment.with an upper scale, hip vibe. Seating capacity is 65 on the seasonal patio, 65 in the Main dining room,12 at the bar, and 40 in the private function room. Average Monthly Sales are approximately $80,000. Current lease has 4 years left,at a rent of $7,500 All In. plus two 5 year renewal options. the terms of the bidding are as follows: 1st serious, qualified bidder to offer $129,000 or more, gets the deal and must submit a purchase offer with a $5,000 deposit, all other reasonable offers might be considered for a highly qualified, and financially stable buyer, all bidders must show proof of available funds before a purchase offer is accepted by the Seller.
All walk-through appointments must be conducted in the early morning hours.
To arrange for a walk through of the premises

Please Contact
Exclusive Broker
Steve Matsis
Pyramid Restaurant Group

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Property Features and Assets:

Located in one of the best areas In Waterbury, and offers an upper-scale very Hip Vibe with Live entertainment and D J's.

Reason for Selling:

Seller has other businesses.

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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