Restaurant & Bar for Sale in Connecticut - 37034 Business Type: assets only sale,bar/tavern/night clubs,other eating & drinking places,other food stores,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $1,495,000 | Down Payment | $1,495,000 |
| Gross Revenues | $2,400,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $500,000 | Number of FT Employees | Register Free to View |
Financing
$1,495,000 Down and
Business Description
This newly run absentee restaurant opened 6 months ago in Fairfield County, Connecticut has been generating an impressive $50,000 in weekly sales.
With projections to achieve over $2,400,000 million in gross revenue by the end of the year.
This restaurant offers strong opportunity to achieve over $500,000 in owner's cash flow by the end of the year.
The current owners are re-investing profits back into the business.
The restaurant has capacity for 150 guests, plus 20 at the bar, and 50 outdoor seats.
Everything in the restaurant is brand new, ensuring that the new owner won't have to worry about updates for the next 10 to 15 years.
This restaurant features a large parking lot, making it convenient for customers.
The current owners have invested over $1.3M to build this restaurant.
For more information, please call the broker, Pietro Siciliano at 914-760-5744.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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.
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.
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