Restaurant for Sale in Hartford County-26741

Not Disclosed, CT
Hartford County


Asking Price: Annual Revenue:
$800,000 $850,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant for Sale in Hartford County-26741 Broker: Eli Stiefel
Owner Financing is Available!
$800,000.00 Down & TBD

Quick Facts

Asking Price: $800,000
Annual Revenue: $850,000
Net Profit: Not Disclosed
Cash Flow: $393,822
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 30
BBN Listing #: 35134447
Broker Reference #: 26741

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Business Overview:

Classic event space and catering hall is up for sale. This legendary establishment is known for their impeccable reputation for many decades with an enviable track record in food, service, cleanliness and customer compliments. This business serves any and all occasions: banquets, reunions, showers, wedding receptions, engagement parties, post-funeral receptions, corporate and social events. The owners of this very profitable business have served the community for over 40 years and have been able to live a very comfortable lifestyle. In recent years the owners scaled back their business to service selective opportunities and clientele. Lot of opportunities for a new owner: (A) Reopen the restaurant to the public. (B) Make use of a fully furnished unused basement lounge. (C) Open doors for holiday business and market business to new clients. The business is located in an excellent central location with plenty of parking and new business is easily attracted to this site. Property must be purchased with the business from the owner for $900,000 and owner may offer some seller financing for a qualified buyer. Please contact broker for more information. Proof of funds will be required. Please use email reply button of this ad to contact us.

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Reason for Selling:

Retirement

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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