Busiest Corner in Town

New Haven, CT (New Haven County)

Seller Financing Available
Busiest Corner in Town

Asking Price:$299,000

Cash Flow:$190,000

Gross Revenue:$1,000,000

EBITDA:N/A

FF&E:$250,000

Inventory:N/A

Established:N/A

Busiest Corner in Town

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Business Description

It is indeed my pleasure to offer a money making opportunity of this magnitude on one of the busiest corners in New Haven in the heart of Yale with a large loyal clientele base. There are very few if any restaurants that make what this one does per square foot serving Taiwanese Cuisine and other Asian delights. Given its incredible location, any concept would work here with a remarkable 25year lease. No matter what kind of restaurant you want you can’t miss with this one act now

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,600 high producing square feet, 60 money making seats, mere $4,800 gross rent (includes property tax & insurance, sewer & garbage) plus utilities, staggering 5.5% rent factor, recent $225,000 super renovation with all new equipment, huge Yale following, adjacent to parking lot free at night, extraordinary 25 year lease in place, open 7 days lunch and dinner, room to grow
Competition:
Location Location Location
Growth & Expansion:
More emphasis on to go orders
Support & Training:
If needed
Reason for Selling:
Going home

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Shawn Reilly

Business Listed By:
Shawn Reilly

Levey Miller Maretz

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