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Business for Sale

Restaurant & Bar for Sale in Connecticut
Fairfield County, CT

Listing #37034

   
Financial Information (non-confidential)
Asking Price $1,495,000.00 Gross Revenues $2,400,000.00
Down Payment $1,495,000.00 Owner’s Cash Flow $500,000.00

Financing: $1,495,000.00 Down and

Reason for Selling:

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.

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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.
Pietro Siciliano
Senior Business Broker
914-760-5744
psiciliano@vestedbb.com
Servicing Area:
Westchester County, NY
Pietro Siciliano

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