Renowned Prosperous Tavern/Restaurant
Branford, CT New Haven County
Branford
Seller's Contact Information
- RE: Renowned Prosperous Tavern/Restaurant
- Contact: Shawn C Reilly
Quick Facts
| Asking Price: | $299,000 | |
| Annual Revenue: | $800,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $180,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 380,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1999 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 514933937 | |
| Broker Reference #: | BRNFRD TAVRN |
Business Overview:
A high grossing tavern established 18 years ago with all the elements for success big bar, over the top patio, private parties, multiple revenue sources, weekend late night entertainment, popular lounge and dining seats. You’re not just buying a profitable tavern but a piece of history which makes this a low-risk investment it's only on the market because of family. It’s rare to see an opportunity like this one act now to take advantage of this outstanding best buy tavern call now.
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Property Features and Assets:
4,000 flourishing square feet, $5,500 judicious gross rent (includes CAM, property tax & insurance), established 18 money making years, large popular full service bar, 50 pulsating lounge & bar seats, 70 captivating patio seats with lucrative full bar, grill and fire table, 50 charismatic dining, 80 private party room, pool table with leagues, two magnetic fireplaces, money making games juke box & keno, 7 draft beer lines, two walk-ins, full kitchen, numerous big screen TV’s, end cap location in thriving center.
Market Competition and Expansion:
Competition: End cap location major center on Rt 1; Growth & Expansion: New blood and more marketing.
Reason for Selling:
Family needs.
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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