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Quick Facts
Asking Price: | $729,000 | |
Annual Revenue: | $2,100,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $300,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $500,000 | |
Real Estate: | $250,000 | |
Year Established: | 1999 | |
Employees: | Not Disclosed | |
BBN Listing #: | 264933937 | |
Broker Reference #: | METAL NEW HAVEN |
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Business Overview:
It is indeed my pleasure to offer this incredible iconic highly acclaimed restaurant established for decades “With farm fresh ingredients in a coveted location” and “Their captivating patio is an oasis in a central downtown location.” With two distinctive rooms with historic architectural accents, the larger decidedly more dressed up, contemporary space, the other more casual and relaxed, with menu to match, and full service attractive busy bars in both. This is an opportunity where all the pertinent boxes are checked location, decades in business, price, rent, multi concepts, ambiance, gross business, and more, no risk with this one. Act quick call now to set appointment for this must see!
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Property Features and Assets:
4,000 iconic square feet, established for prosperous decades, immense loyal customer base, 150 booming epic dining seats, two enticing busy bars, private party room, enviable charismatic patio, two characteristic cozy spaces, incredible 4% rent factor, new major renovation, long term lease available, full basement, closed Sundays, dense student presence, Yale at their door step.
Market Competition and Expansion:
Competition: Incredible down town location Growth & Expansion: Upside potential
Reason for Selling:
Other business interests.
Additional Details:
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