Excellent Restaurant & Property - 30475

Windham County, CT
Windham County

Asking Price: Annual Revenue:
$249,000 $332,101

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Excellent Restaurant & Property - 30475 Broker: Amit Desai

Quick Facts

Asking Price: $249,000
Annual Revenue: $332,101
Net Profit: Not Disclosed
Cash Flow: $111,711
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 65634447
Broker Reference #: 30475

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Business Overview:

Continuously running restaurant for last 35 years with excellent reviews. Regular customers and loyal staff. Steady and very profitable. Sits almost 100 people, famous for baby showers, birthdays, parties, etc. Spotless kitchen and much expensive equipment. Current sellers are ready to retire, and property is available directly from the seller. There are MANY opportunity for the new buyer. This business closes at 2pm. One can extend evening hours. Liquor is not served here. New buyer can make a ton of money just by adding that. One can also add Keno and start the web page, etc. Property directly available from seller includes more than 7 acres of land with 9 rental properties, almost all occupied. Just the rent from these rentals can pay monthly mortgage for the new buyer, with money still leftover. Property is available from seller at additional $830,000. Buyer of both restaurant and property will receive big price break.

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Reason for Selling:

Selling due to health reasons.

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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