The Best Yet
New Haven, CT New Haven County
Popular upscale East Shore Town
Asking Price:
$439,000
Annual Revenue:
$800,000
Request More Information Contact the Seller
- RE: The Best Yet
- Contact: 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: | $0 | |
| Year Established: | 2008 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 544433937 | |
| Broker Reference #: | WINE B |
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.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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 planReason for Selling:
ReirementAdditional 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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