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Just reduced Stratford CT -High Traffic Location!

Stratford, CT (Fairfield County)

Seller Financing Available
Just reduced  Stratford CT -High Traffic Location!

Asking Price:$150,000

Cash Flow:$75,000

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Just reduced Stratford CT -High Traffic Location!

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Business Description

Just reduced Stratford CT -High Traffic Location!

Prime location – this stand alone building is located on one of the busiest corners in Connecticut. This extremely desirable location has a steady lunch and dinner business. This pristine true turnkey restaurant has a rock solid
6-year goodwill proven record. The franchise in general is sky rocketing and projects an initial public offering. Net sales annually almost $600,000. Easy access on/off Rte 95 or Merritt Parkway and another Rte 95 exit being created in addition less than one mile from this store trade area has a Walmart, Shop Rite, Home Depot, Chase Bank and a Volkswagen dealer. Rent reduced to below market $5,600. NNN
A new Wayback franchise is over $300,000 to start – a new owner can buy this and hit the ground running and save over $150,000.

.Prime location – this stand alone building is located on one of the busiest corners in Connecticut. This extremely desirable location has a steady lunch and dinner business. Connecticut’s #1 Franchise out of 16 stores - #3 internationally. This pristine true turnkey restaurant has a rock solid
6-year goodwill proven record. The franchise in general is sky rocketing and projects an initial public offering. Net sales annually almost $600,000. Easy access on/off Rte 95 or Merritt Parkway and another Rte 95 exit being created in addition less than one mile from this store trade area has a Walmart, Shop Rite, Home Depot, Chase Bank and a Volkswagen dealer. Rent reduced to below market $5,600. NNN

A new Wayback franchise is over $300,000 to start – a new owner can buy this and hit the ground running and save over $100,000.

Detailed Information

Facilities:
$75,000. Down payment - $75,000.Owner financing at 5%. Approximately 2,000 sq ft - 5 years into a 10 year initial term lease, with 2 more 5 year options available. 34 seats inside, 8 seats outside, 19 dedicated parking spaces. 12' hood, big dipper in place, ADA compliant After signing confidentiality and a first visit as a customer, the following items can be provided: • 1,3 & 5 mile demographic study • Traffic count • 3 years P&L financial records • A copy of the lease • A list of FF&E - included in asking price *** A private showing while the restaurant is closed and a meeting with the owner. Please do not visit store and identify yourself as a buyer.***
Reason for Selling:
retiring and relocating South to Maryland to be with family

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Rick Ziff

Business Listed By:
Rick Ziff

Commercial Services Realty

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