NOT DISCLOSED, Connecticut
| Asking Price |
$399,000 |
Year Established |
2000 |
|
| Annual Revenue |
$850,000 |
Reason for Selling |
Other business interest |
|
| Annual P/L |
|
Attention |
Shawn Charles |
|
| Annual Cash Flow |
$240,000 |
Listing Number |
986967 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Prepare to be absolutely thrilled! This high-grossing family restaurant spans an astonishing 3,000 square feet and boasts 120 revenue-generating seats. With an incredibly reasonable monthly rent of just $6,600, this is a golden opportunity you can't afford to miss! A long-term lease is available, making this a truly wise investment. Operating only five lucrative days a week from 8:00 AM to 8:00 PM, serving breakfast, lunch, and dinner, this restaurant has been a cherished community gem for a remarkable 24 years, earning a vast and loyal customer base. You'll discover a fully functional basement, a spacious parking lot, and a large sports complex across the street. Highly acclaimed with rave reviews, this family restaurant radiates a welcoming, homey ambiance, featuring large booths and tables perfect for bigger groups. It even has a party room for special gatherings. The homemade specials, crafted just like Grandma used to make, will leave your taste buds craving more. Meticulously maintained, this restaurant is primed and ready for you to take the reins and continue its legacy of success. If you have the passion and expertise to carry on this legacy, this is your golden opportunity! Such an extraordinary chance to own a well-established, profitable family restaurant at this price point is truly once in a lifetime. Don't let this gem slip through your fingers; the time to act is NOW!
Property Features and Assets:
Market Competition and Expansion:
<p>Competition: This family restaurant enjoys little to no competition in a AAA location.</p><p>Growth & Expansion: Opening 7 days, not 5, will make this one soar way above $1m<br></p>
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