5-Star Restaurant and Catering Hall Venue – Nearly 30 Years in Bus

CT

5-Star Restaurant and Catering Hall Venue – Nearly 30 Years in Bus
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Asking Price: $2,300,000

Cash Flow: N/A

Gross Revenue: $3,100,000

EBITDA: $955,000

FF&E: $335,500

Inventory: $30,000*

Real Estate: $2,450,000*

Established: 1992

*not included in asking price.

5-Star Restaurant and Catering Hall Venue – Nearly 30 Years in Bus

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Business Description

Busy, well-established restaurant and venue for sale in Connecticut. Over two acres of property with three large areas for functions, each with its own bar. Beautiful outdoor grounds, perfect for photo opportunities, with ample parking space. Perfect 5-star rating on various review websites.

Both business and real estate for sale and priced below appraised value.

$2.3MM business + $2.45MM real estate = $4.75MM

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
10,000
Employees:
75
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
10,000 building size located on 2 acres of property. Large parking facility.
Support & Training:
Will provide
Reason for Selling:
Retiring
Contact Seller

Contact the Seller

(from currently available funds)
 
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Carol Shin

Business Listed By:
Carol Shin

Inbar Group Inc - Business Brokers

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Sponsoring Broker:
Jay M. Inbar,Certified Mergers &Acquisition Pro

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