Outstanding Restaurant/Bar

New Haven, CT (New Haven County)

Seller Financing Available
Outstanding Restaurant/Bar

Asking Price:$159,000

Cash Flow:N/A

Gross Revenue:$700,000

EBITDA:N/A

FF&E:$500,000

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:2000

Outstanding Restaurant/Bar

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Business Description

PRICE REDUCED MOTIVATED SELLER!!!! This proven multimillion dollar location on the hottest corner in town with high grossing neighbors in the heart of down town next door to theaters, restaurants, and Yale University is an opportunity not to be missed. The new costly complete renovation leaving a chic striking space with an eclectic exciting inviting ambiance excellent for any concept, the asking price is a mere fraction of the renovation cost. Act quick on this must see restaurant with all it has to offer in a location like this for a price like this call now

Detailed Information

Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6,000 astounding square feet, 145 captivating dining seats, 2 bars, 30 inviting chic bar/ lounge seats, inviting multi seat patio, reasonable rent $8,500 NNN given the AAA location and income potential, presently sushi/dim sum, private party capability, dining room stage for entertainment & presentations, incredible full kitchen, walk-in refrigerator and freezer, laundry room, $130,000 21’hood system, large basement storage, temperature controlled wine room, any concept would work here, brand new $400,000 renovation, proven location, Yale University blocks away
Competition:
Out of the four corners three are all established incredible high grossing restaurants this corner would complete the circle, great opportunity to join the big boys
Growth & Expansion:
Staying open for late night and increasing bar business would put this over the top
Support & Training:
If needed
Reason for Selling:
Other business interest

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Shawn Reilly

Business Listed By:
Shawn Reilly

Levey Miller Maretz

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