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Business for Sale Summary [Non-Confidential]

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New Haven County, CT

Business Type: special situations,illness forces sale!,retailing businesses,other eating & drinking places,restaurant/ cafes

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $425,000.00

  • Gross Revenues

    $907,000.00

  • Financing

    $ 180,000.00 Down and 15 years @ 8.5%

  • Owner's Cash Flow

    $213,983.00

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Business Description

Beautiful Restaurant 200 Seats with Liquor License. Has a large banquet business and captive customers. This Restaurant specializes in a Mediterranean Cuisine with a children's menu. The establishment runs with a semi-absentee owner who owns another large restaurant. Owner has meticulous books and computerized bookkeeping, and will be very cooperative in helping a new owner grow this business. The current owner also owns the real estate and is willing to assist with favorable lease and terms and/or sell the real estate for an additional amount. The owner is also very willing to cooperate with favorable financing.

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