Best Buy Tavern/Restaurant
New Haven, CT New Haven County
New Haven
Seller's Contact Information
- RE: Best Buy Tavern/Restaurant
- Contact: Shawn C Reilly
Quick Facts
| Asking Price: | $139,000 | |
| Annual Revenue: | $375,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $65,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 250,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 990433937 | |
| Broker Reference #: | WOOD BAR NH |
Business Overview:
After sixteen remarkable years, this is an extraordinary opportunity to purchase a time-tested tavern/restaurant in an outstanding location known for its large student residential population and more. Even though the restaurant is 16 years old, it has been updated over the years and has an inviting cozy ambiance with brick walls and reclaimed wood walls. Full kitchen with all the necessary kitchen equipment including brand new smoker would be good for any concept. This tavern is made for an owner operator to truly capitalize on its full income potential. This is a best buy you don’t want to miss call now.
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Property Features and Assets:
1,200 efficient square feet, amazing $2,600 base rent, established 16 yrs, 40 captivating dining seats, full bar w 10 electric stools, entrancing patio, fully functional basement, 3 terminal POS system, code grease trap, 11ft hood, fully monitored security system, brand new gas fired wood $13,000 smoker, large new luxury 200 apartment building nearby, very well maintained, absentee owner, upside potential.
Market Competition and Expansion:
Growth/Expansion: Owner operator key to success here
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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