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Bar & Grill On Historic Waterfront

New London County, CT

Bar & Grill On Historic Waterfront
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Asking Price: $175,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $150,000

Inventory: N/A

Rent: $2,200 /Month

Established: 2013

Bar & Grill On Historic Waterfront

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Business Description

Great opportunity to own a bar that serves fresh seafood, steaks, and Itaian food & pizza. This beloved neighborhood bar & restaurant has catered to the locals and boasts a lively atmosphere with weekend entertainment along with great food! FANTASTIC LOW RENT OF $2200 per mo. Gross.

On a main street in a historic district bordered by the Thames River & Long Island Sound. Besides the waterfront beauty this historic town has an artistic charm that houses other restaurants, galleries,and a lively music scene and a national Coast Guard Museum. Among the annual events are Sailfest, Caribean Festival, Ocean Beach Park & music festivals.

For further info PLEASE FILL OUT A NON DISCLOSURE AGREEMENT IN LINE BY GOING TO www.abc4restaurants.com

Detailed Information

Location:
New London County, CT
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This cozy bar & restaurant seats 22 at the bar and 100 in the dining area. And an open kitchen that features a wood burning pizza oven. A full basement for storage and municipal parking lot along with street parking.
Competition:
Other bars and restaurants on the street that add to the lively atmosphere of this bustling area.
Growth & Expansion:
Presently only open only 4 nights a week. owner has limited hours because of his health. Opening 6 or 7 days a week for lunch & dinner could increase sales significantly.
Support & Training:
Owner will stay on for transition period.
Reason for Selling:
Health Reasons
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(from currently available funds)
 
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Joe Granato

Business Listed By:
Joe Granato

ABC4Restaurants /ABC4Commercial (Investment Properties)

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