Pandemic Victim Price!!
New Haven, CT New Haven County
Excellent down town location
Seller's Contact Information
- RE: Pandemic Victim Price!!
- Contact: Shawn Reilly
Quick Facts
| Asking Price: | $69,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 450,000 | |
| Real Estate: | $550 | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 45533937 | |
| Broker Reference #: | NEW HAVEN BAR |
Business Overview:
PRE-PANDEMIC GROSSING $750k with cash flow of $100,000! WAS $150,000 REDUCED TO INCREDIBLE $69,000, YOU COULDN'T COME CLOSE TO BUILDING THIS OUT FOR THIS. An incredible opportunity to own and operate a popular successful highly acclaimed Sports bar/restaurant in a proven money making down town location, in the midst of offices, court house, businesses, Yale dorms, upscale apartments & condos, abundant foot traffic, with new hotel and apartments under construction. The previous tenant operated a historic high grossing busiest pub in town for decades. A unique opportunity to operate just renovated multi-level space upper and lower and choose just the lower charismatic popular space with full bar multiple big screen TV’s, with inviting ambiance. There are too many reasons not to act on this one, NOW is the time to act on this one CALL.
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Property Features and Assets:
2,400 classic lower level square feet, reasonable $4,400 gross rent (includes property tax & insurance), full electric busy bar with 30 seats, charismatic 75 dining seats, full kitchen, 14 popular craft beer taps, 1,100 upper level bonus square ft, occupancy 80, practical $3,000 gross rent, taking upper level is optional, popular money making promotional nights, previous pub operated for money making decades, open 7 money making days L & D, new complete renovation COSTING MORE THAN ASKING PRICE, excellent down town location.
Market Competition and Expansion:
Competition: Excellent down town location Growth & Expansion: This one is begging for a seasoned operator
Reason for Selling:
Health
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
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