BERLIN, Connecticut
| Asking Price |
$65,000 |
Year Established |
2004 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Shawn Charles |
|
| Annual Cash Flow |
$200,000 |
Listing Number |
990213 |
|
| # of Employees |
26 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Ad#:2360098
Step into an extraordinary opportunity! Own this dazzling property for just $1.5 million or grab the business for $60,000 with a monthly NNN of $9,000 and a security deposit. Either option is pure gold! This magnificent establishment boasts a stunning U-shaped granite bar, complemented by elegant wood ceilings. Two distinctive, inviting dining rooms pair perfectly with a full-service kitchen packed with state-of-the-art equipment (appraised at an impressive $1,100,000 in 2022). The spacious parking lot accommodates 52 cars and benefits from an incredible traffic volume of 40,000 vehicles daily. In pristine condition, this gem underwent complete renovation in 2019, with costs reportedly around $900,000. The transformation included new mechanical systems, electrical, plumbing, HVAC, and it’s fully outfitted with small wares, plates, glasses, pots, pans, you name it! The enviable basement boasts a walk-in refrigerator and ample storage. Spread across a breathtaking 4,600 square feet, it also features a second floor with a majestic mahogany 5-room office suite, a conference room, a kitchen, and widescreen TVs. All this for an unbelievably low rent of $9,000 a month, a steal for such a prime location! With 100 charismatic seats and proven revenue potential, operators made $2,000,000 annually; this is a turnkey dream. Whether you purchase property or buy the business and lease, you’re stepping into a proven $1,000,000 location that guarantees success. Don’t let this rare opportunity slip away, call now and make it yours!
Property Features and Assets:
<p>Incredible 4,600 square feet with recent $900K total renovation with all new mechanicals, 2nd floor magnificent 5-room mahogany office suite, conference room, kitchen<br><br></p>
Market Competition and Expansion:
<p>Traffic volume is incredible, with 40,000 cars per day. Proven $1,000,000 Location amid major shopping and high-grossing restaurants.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity