Iconic Restaurant/Bar Only $50k Down

Middlebury, CT
New Haven County

AAA Location in upscale town

Asking Price: Annual Revenue:
$175,000 $700,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Iconic Restaurant/Bar Only $50k Down Broker: s
Owner Financing is Available!
Only $50,000 down balance over three years no interest.

Quick Facts

Asking Price: $175,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: CT
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 305733937
Broker Reference #: mid mex

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Business Overview:

This has been the family dining go to place for years serving genuine Mexican dishes along with one of the busiest bars in the area with over 25 legendary margaritas for 27 years. Very few restaurants get as many 5 star reviews as this one. Tremendous opportunity to own a restaurant of this caliber making the money it does, in an upscale prime location well established for a price like this with only $50,000 down is a no brainer. CALL NOW!!

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Property Features and Assets:

2,750 notable square feet, 70 charismatic dining chairs, 30 electric bar/lounge occupancy, warm inviting full-service bar, popular 35 seat patio, reasonable $3,950 base rent, exciting alluring ambiance, plentiful free parking, iconic renowned branded name and concept for 27 years, family dining institution for decades, famed exceptional margaritas, upside potential, open 7 profitable days 11 to 11, upside potential, incredible $50,000 down balance over 3 years no interest.

Market Competition and Expansion:

Competition: AAA location Growth & Expansion: Start aggressive social media marketing would enhance business exponentially

Reason for Selling:

Other business interest.

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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