Striking Shore Restaurant/Bar
Branford, CT New Haven County
Branford
Seller's Contact Information
- RE: Striking Shore Restaurant/Bar
- Contact: Shawn Reilly
Quick Facts
| Asking Price: | $99,000 | |
| Annual Revenue: | $500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 450,000 | |
| Real Estate: | $14 | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 111733937 | |
| Broker Reference #: | BUD |
Business Overview:
Outstanding opportunity! This is a one of a kind restaurant in a one of kind shoreline community, a mere stones throw from the beach and marinas in mint condition. With its warm inviting ambiance to its electric large patio where you can smell the salt air and a chef’s dream kitchen that would work with any concept is a true bargain at this price. Call now to book appointment for this must see opportunity with tremendous upside potential
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Property Features and Assets:
3,000 riveting restaurant square feet, 1,000 square feet stunning 2nd floor office with kitchen (you could rent out for office or retail for an easy $800 month if not needed), 2,000 square feet full functional basement, incredible booming 80 seat 2,000 square feet patio with full Bar, all this for only $4,450 gross rent (includes property tax & insurance) plus utilities per month, upside potential, generator never lose a day of business, full video security system, near marinas and beach, bar, code grease trap, full kitchen that could produce any menu with ease, free standing building, private substantial parking lot, new $450,000 build out
Market Competition and Expansion:
Location: Smell the salt air on the deck Growth/Expansion: Only Beer and Wine with lower priced menu. With the addition of full liquor and even a small bump in menu price would drastically increase income
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 homebased business opportunity.
- This is not a franchise resale opportunity
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