Business For Sale

Once in a lifetime Restaurant with property-26741

Hartford County, CT
Hartford County


Asking Price: Annual Revenue:
$1,250,000 $1,089,892

Services: Construction, Contractors


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RE: Once in a lifetime Restaurant with property-26741 Broker: Amit Desai

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $1,089,892
Net Profit: Not Disclosed
Cash Flow: $393,822
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1974
Employees: 30
BBN Listing #: 76424447
Broker Reference #: 26741

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Business Overview:

Legendary Restaurant with impeccable reputation for many decades. Enviable track record in food, service, cleanliness and customer compliments for any and all occasions: Reunions, showers, wedding receptions, engagement parties, post funeral receptions, bigger corporate and social events, catering etc. Unbelievable combination of continuous success in business with humble attitude and personal touch that attract customers like magnet. After years of success, owner is selective in what business will be taken and scaling back catering. Also, currently not opening public lounge and not entertaining highly profitable holiday business. New management can open the business for new years, Easter, Thanksgiving, Mother's day, etc. and can make mint. The business figures disclosed are the real numbers. These numbers would be MUCH MUCH higher if owner would welcome all the business that comes to their way. For example, owner after many years took business for ONE Saturday before recent Easter which resulted in $19,000 in business just from events. New owner can entertain all the business instead of pick and choose and can make a fortune. Excellent central location where business comes naturally to this highly acclaimed place. Property is available for sale by the owner and is included in the total price. Other income includes owners personal Life Insurance, auto insurance and retirement funds that have been paid by this lucrative business. Due to the excellent track record and business being too good to the current owner, we will appreciate serious inquiries with proof of funds.

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Reason for Selling:

Seller is moving on.

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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