Business For Sale

Prominent Prosperous Restaurant

Prospect, CT
New Haven County


Asking Price: Annual Revenue:
$295,000 $1,100,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Prominent Prosperous Restaurant Broker: Shawn C Reilly
Owner Financing is Available!

Quick Facts

Asking Price: $295,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: $450,000
Real Estate: CT
Year Established: 1986
Employees: Not Disclosed
BBN Listing #: 627333937
Broker Reference #: mex prspct

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Business Overview:

This has been the family dining go to place for over 8 years serving authentic Mexican dishes along with one of the busiest bars in the area with over 20 famous margaritas. Tremendous opportunity to own a restaurant of this caliber making the money it does, in an upscale Prospect prime location established for this length time for a price like this is a no brainer. The upside with the new approval for onsite catering for 200 under the tent is huge, Come and see what the difference is in being in business for 3 decades in multiple locations what a family tradition really means call now.

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Property Features and Assets:

Thriving 7,800 square feet, established 8 successful years, remarkable rent factor, long term lease available, awesome full service bar, 25 exceptional famed fruity and tropical margaritas, genuine Mexican dishes with a southwestern touch and a little American flair,140 captivating seats with 60 alluring garden patio seats, popular banquet room for 75 with full bar, sizzling charismatic ambiance, abundant free parking, on premise catering with approved tent on the lawn that can handle up to 200 people, iconic branded name and concept, family dining institution

Market Competition and Expansion:

Growth/Expansion: Increase marketing for on premise catering

Reason for Selling:

Other business interest

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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