Bethel, CT Restaurant / Bar/Tavern
PYRAMID RESTAURANT GROUP
“Connecticut’s 1st Choice in Restaurant Brokerage”
Downtown Bethel, CT, Warm & Inviting Restaurant / Pub/Tavern
FOR SALE at a Drastically Reduced Price of $150,000!
This long standing 2,000 S/F, plus basement Restaurant & Pub, is located in the greater Danbury area of Fairfield County, CT, and offers a true Pub environment of dark woods and brick walls, including a traditional full service sit down all wood bar. Other features and general information of this Bar/Pub opportunity include the following:
Excellent Population Mix of Blue Collar & Professionals
LEASE TERM: 13 years remain, with rent currently at $6,000 monthly, ALL IN. Rental rate increases are 2%, every 2 years.
SEATING: 2 separate dining rooms accommodate 30 seats each, plus 25 seats (bar & high tops) in the bar room.
PARKING: Free public lot and Street.
AVERAGE ANNUAL GROSS SALES: $650,000.
GROSS SALES BRAKEDOWN: 40% (liquor, wine & beer) 60% (food).
ANNUAL NET to OWNER: $100,000.
WEEKLY PAYROLL: $5,000.
NUMBER of EMPLOYEES: 5 full time, 14 part time.
OTHER EXPENSES: Electric: $2,200 monthly
Gas: $700 monthly
Insurance: $600 monthly
Water: $25 monthly
Musak: $2,400 annually
For Additional Information, and a Private Walk-Through, Please Contact:
Steven A. Matsis
Senior Managing Director
Pyramid Restaurant Group
20 Summer Street
Stamford, CT 06901
- Real Estate:
- Building Sq. Ft.:
- Lease Expiration:
- Possibly short term for VERY qualified buyer
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