Historic Prosperous Tavern
New Haven, CT New Haven County
New Haven County
Seller's Contact Information
- RE: Historic Prosperous Tavern
- Contact: Shawn C Reilly
Quick Facts
| Asking Price: | $399,000 | |
| Annual Revenue: | $1,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $150,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 500,000 | |
| Real Estate: | $400 | |
| Year Established: | 1983 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 342633937 | |
| Broker Reference #: | TAVERN W |
Business Overview:
It is my pleasure to offer this popular high grossing celebrated tavern, a local gem for 35 years with a vast loyal customer base from far and wide. The go to place, a cornerstone of the community for good reason offers an old world charm with good food and service at the right price, all the elements for a successful operation. After 35 years the store looks like it opened last year with mostly new equipment and new roof a testament to their high level of maintenance. With its history, ambiance, décor, income and rare opportunity to purchase property makes this one of the no risk best opportunities to come down the pike act now on this must see!
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Property Features and Assets:
,000 legendary square feet, bar 40 dining 110 patio 30 captivating seats, extremely well maintained, established for 34 money making years, full of nostalgic antiques & historic photos, warm ambiance of a time gone by, open 6 thriving days with Sunday Brunch, state of the art website, popular patio fireplace, rave reviews, immense local commercial development planned, ample private parking lot, full functional basement, property available, Micros POS, full kitchen producing exceptional cuisine, extensive diverse highly acclaimed menu
Market Competition and Expansion:
Competition: Well known draws from a large area; Growth & Expansion: More marketing the only thing left to do.
Reason for Selling:
Other business interests.
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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