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Business for Sale Summary

Excellent Restaurant & Property-Windham County,CT - 30475

Business Type: retailing businesses,delicatessen/catering services,other eating & drinking places,restaurant/ cafes
Excellent Restaurant & Property-Windham County,CT
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This business has received 38 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $249,000 Down Payment $249,000
Gross Revenues $332,101 Lease Remaining Register Free to View
Owner’s Cash Flow $111,711 Number of FT Employees Register Free to View

Financing

$249,000 Down and

Business Description

Continuously-running restaurant of 35 years, with excellent reviews. Regular customers and loyal staff. Steady and very profitable. Seats around 100 people. Famous for baby showers, birthday parties, etc. Spotless kitchen with expensive equipment. Current sellers are ready to retire, and property is available directly from the seller. There are many opportunities for the new buyer. This business now closes at 2pm. One can extend evening hours. Liquor is not served here. New buyer can make a ton of money just by adding that. One can also add Keno and start the web page, etc. Property directly available from seller includes over seven acres of land with nine rental properties, almost all occupied. Just the income from these rentals can pay the monthly mortgage for a new buyer, with money still leftover. Property is available from the seller at additional $830,000. Buyer of both restaurant and property will receive big price break.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.