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- RE: Real Winner W/ Good Bones
- Contact: Shawn Reilly
Quick Facts
Asking Price: | $99,000 | |
Annual Revenue: | $800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $450,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 6 | |
BBN Listing #: | 998902 | |
Broker Reference #: | SUSHI |
Business Overview:
In the heart of Yale University’s bustling district, this rare, independently owned property has been operated by the owners as a noodle house/sushi restaurant, generating gross revenue of nearly $800,000 over the past decade. There are 2600 inviting square feet, an open multi-level space with 50 dining seats, 40 lounge/bar seats, a full bar, and an antique wood back bar. In its heyday, it was a well-known, popular, and bustling restaurant/café—an incredible 50-seat patio with a bar in the rear, complemented by limited alfresco dining in front. Fantastic location, you don’t see it often in downtown New Haven, in the heart of Yale, with incredible foot traffic. After 10 years, time has taken its toll; it could use a facelift, a new name, and a new concept. The property is ripe to return to its former glory and has good bones to work with. Any concept would flourish here, from a bar/pub to a café/restaurant, or even in its present use. For this kind of entry price, with the right operator and concept in this location, it is an opportunity not to be missed. Call now for this must-see.
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Market Competition and Expansion:
Competition: In downtown New Haven, in the heart of Yale, with incredible foot traffic.
Growth & Expansion:
1. Tap into catering for Yale, it’s a huge market 2. Refresh and enhance cosmetically; a new look is needed 3. A name change and concept are in order 4. Bring the patio back to the gem it was 5. Proper marketing
Reason for Selling:
Other business interest. Kindly ask the seller for more information.
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
Relevant Links:
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