Impressive Restaurant/Bar
Wallingford, CT New Haven County
Wallingford
Seller's Contact Information
- RE: Impressive Restaurant/Bar
- Contact: Shawn Reilly
Quick Facts
| Asking Price: | $139,000 | |
| Annual Revenue: | $750,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 300,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 378233937 | |
| Broker Reference #: | WALINGFRD |
Business Overview:
This booming exciting restaurant/tavern lounge has hit the market priced to sell quickly only because owner has two other restaurants that take up most of his time. The charismatic restaurant with a warm inviting ambiance and striking stone patio on a major road near highway is a steal at this price. With an absentee owner all this restaurant needs is an owner operator to bring it to its full potential and substantially increase revenue. You won’t go wrong with this one call now.
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Property Features and Assets:
4,000 charismatic square feet, mere $4,500 gross rent (includes property tax & insurance) per month, long term lease available, 130 profitable seats, captivating bar lounge with warm wood accents, 7 large screen TV’, attractive 45 seat stone patio, open 7 days lunch & dinner, code grease trap, Wallingford Electric offers the lowest rate in the State, smoker on premise, absentee owner, huge traffic count near major highway, newly renovated feels brand new, full up to code kitchen, upside potential
Market Competition and Expansion:
Competition: AAA Location great visibility on major rd Growth/Expansion: Restaurant would benefit tremendously with owner operator
Reason for Selling:
Owner needs to spend more time with his other rest
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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