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Business for Sale Summary

Restaurant with property in Hartford County, CT - 26741

Business Type: restaurant/ cafes
Restaurant with property in Hartford County, CT
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This business has received 77 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,250,000 Down Payment $1,250,000
Gross Revenues $1,089,892 Lease Remaining Register Free to View
Owner’s Cash Flow $393,822 Number of FT Employees Register Free to View

Financing

$1,250,000 Down and

Business Description

Legendary restaurant for sale, with impeccable reputation of many decades. Enviable track record in food, service, cleanliness and customer compliments. This place serves any and all occasions: reunions, showers, wedding receptions, engagement parties, post-funeral receptions, corporate and social events, catering, etc. There is an unbelievable combination of continuous success in business, with a humble attitude and personal touch that attracts customers like a magnet. After years of success, owner is selective in what business will be taken, and they are scaling back catering. Also, business is currently not opening public lounge, nor entertaining highly-profitable holiday business. New management can open the business for New Years, Easter, Thanksgiving, Mother's Day, etc. and make mint. The business figures disclosed are the real numbers. These numbers would be MUCH higher if owner would welcome all business that comes their way. New owner can entertain all business, instead of picking and choosing, and make a fortune. Excellent central location where business comes naturally to this highly-acclaimed place. Property is available for sale by owner, and is NOT included in the total price. Other income includes owner's personal life insurance, auto insurance and retirement funds that have been paid by this lucrative business. Due to the excellent track record and business being too good to the current owner, they will appreciate serious inquiries with proof of funds.

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.