The Best Yet

New Haven, CT
New Haven County

Popular upscale East Shore Town


Asking Price: Annual Revenue:
$439,000 $800,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: The Best Yet Broker: Shawn Reilly
Owner Financing is Available!

Quick Facts

Asking Price: $439,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: CT
Year Established: 2008
Employees: Not Disclosed
BBN Listing #: 544433937
Broker Reference #: wine b

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Business Overview:

It is indeed my pleasure to offer one of the best opportunities I have had in the past 15 years brokering restaurants. This historic local gem with Best of Awards too numerous to list, established 10 years has become a cornerstone of the community, located in one of the most charming enchanted upscale villages on east shore. There are very few owners of a restaurant of this caliber that can boast a cash flow of $200,000 after all expenses. The main reason being that it was built to franchise and was layered with hi-tech systems being able to hold a tight rein on all facets of the operation specially costs. It really doesn’t get better than this one, very rare opportunity to own a restaurant of this caliber for a price like this is unheard of call now for this must see.

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Property Features and Assets:

1,550 showcase square feet, 80 enchanting seats, full captivating full service bar, popular alluring patio, judicious practical $4,300 gross rent(includes all CAM taxes & property insurance) mere 6% rent factor with 18 years left, full liquor license with creative cocktails and 90 wines by the glass, gas fired fireplace heats whole restaurant, 6 tons air-conditioning, highly acclaimed w rave reviews, open 7 money making days L & D, extraordinary proprietary eclectic menu & food, state of the art video security and POS system, profitable absentee owner, upside potential, turnkey, warm European café ambiance, established 10 years.

Market Competition and Expansion:

Competition: Popular upscale East Shore Town Growth & Expansion: Expanded marketing plan

Reason for Selling:

Reirement

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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