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Established Steakhouse....Profitable...Just Reduced!

New Haven, Connecticut (New Haven County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $600,000 Inventory $100,000* 
Gross Income $1,000,000 Real Estate  
Cash Flow $125,000 Year Established 2003
FF&E $400,000* Employees 19

* included in the asking price

** not included in the asking price

Great business for sale

This is a well established steakhouse with a $million$ buildout. The restaurant is profitable and business is up! Located in an excellent dining area in a well traveled city! The project to open this delightful restaurant took 2 years to complete. If you are looking for a fine dining business....this is it! The owner of the restaurant is the landlord. That is good also! The dining reviews over the years have been excellent and continue to impress. The facility accomodates private parties with a wine cellar build around conversation and privacy. The private dining area has it's own private bar also. The restaurant is very inviting and pleasurable as far as the ambiance! Truly a gem as far as an experience!

Facilities: 5000 square feet of top shelf restaurant. main dining room and kitchen on walk-in level. Pastry kitchen and private dining in wine cellar on lower level. Full inviting bar on main level with a full bar also on the lower level. Very nicely decorated and kept. Interior looks brand new. Very attarctive and well layed out.

Competition: A business that has done well since the day it opened. No reason to see it any differently.

Growth/Expansion: Can open for lunch......not open for lunch now! Big lunch business in the area.

Financing: Negotiable

Support/Training: Owner will to work and transition the business to the new ownership professionally as needed.

Reason Selling: owner has several restaurants

AD # 369214

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