Superb Saloon/Restaurant
New Haven, CT New Haven County
New Haven
Seller's Contact Information
- RE: Superb Saloon/Restaurant
- Contact: Shawn C Reilly
Quick Facts
| Asking Price: | $159,000 | |
| Annual Revenue: | $750,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $115,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 250,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 306633937 | |
| Broker Reference #: | N HAVEN BAR |
Business Overview:
It is my pleasure to offer this incredible Saloon and Restaurant opportunity in a superb down town location in the middle of office & government buildings, retail stores, apartments, and a new 30-floor apartment complex with first floor retail, a couple blocks from Yale is a real steal. The enthralling bar/ lounge area and stunning dining room both with warm welcoming ambiance and charm are a must see to say nothing about the enviable patio and unparalleled lower level with private function room and lounge. Put this all together and this has all the ingredients to be the most popular place in town and could be yours. This is a must see act now to take advantage of this outstanding opportunity.
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Property Features and Assets:
3,000 impressive Square feet, reasonable $4,500 gross (includes property tax and insurance) rent, 48 charismatic dining seats, 50 electric bar seats, 40 popular captivating lower level seats with pool table & cool original stone walls, 20 patio seats, coveted ample night free parking lot, dart league, great food specials, incredible DJ’s, open 7 days lunch dinner late night with nightly events.
Market Competition and Expansion:
Competition: Densely populated residential, business district couple of blocks from Yale University. Growth & Expansion: Neighboring train station near completion.
Reason for Selling:
Family needs.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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