The Internet's Largest Business for Sale Marketplace

The Wall Street Journal Online

Major Restaurant Opportunity

New Haven, Connecticut (New Haven County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $1,800,000 Inventory  
Gross Income $2,500,000 Real Estate  
Cash Flow $395,000 Year Established 2003
FF&E $1,000,000* Employees 40

* included in the asking price

** not included in the asking price

It is a rare opportunity an independently owned restaurant of this magnitude becomes available. This diner style restaurant is truly a one of a kind doing the the business they do with 40% of the gross in catering. It is located right off the highway under a major hotel with projected steady growth. The restaurant is in excellent condition because it went through a $1,000,000 renovation within the last three years and all the equipment is new.

Facilities: 7,000 square feet of newly remodeled space, 175 dinning seats, 125 banquet seats, over 20 yrs left on the lease, only $6,900 base rent per month not even $12.00 per square foot for AAA location, excellent parking, $1,000,000 renovation with in last three years, two delivery trucks included in sale of business

Competition: Prime location right off highway

Financing: Negotiable

Reason Selling: other business interest

AD # 242509

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

-- Advertisement --