Ocean Front Restaurant Location 75K

Fairfield County, CT

Ocean Front Restaurant Location 75K

Asking Price:$75,000

Cash Flow:$75,000

Gross Revenue:$450,000

EBITDA:N/A

FF&E:$100,000

Inventory:$5,000*

Established:2006

*not included in asking price.

Ocean Front Restaurant Location 75K

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Business Description

Glorious Long Island Sound views at this EXELENT! beach front Restaurant. This is a great opportunity to have your very own Restaurant on the water.
Currently does $450,000 Sales with a $75,000 cash flow. THIS IS A BARGAIN AVAILABLE NOW FOR ONLY 75K

Detailed Information

Inventory:
Not included in asking price
Employees:
owner plus 8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2500 sq ft Restaurant with 60 seat Patio. The equipment is in very good condition and and there is plenty of parking. The Rent is$3500 NNN
Competition:
There is only a couple other Area Restaurants
Growth & Expansion:
This is currently an upscale Restaurant and Bar with a great location a concept change would be reccomended!
Financing:
N/A
Support & Training:
Owner will stay on for 15 days.
Reason for Selling:
Owner Retireing

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John A. Russo Jr.

Business Listed By:
John A. Russo Jr.

Just Restaurants

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