Owner Retiring! Bring Your Offer

Hartford County, CT

Owner Retiring! Bring Your Offer
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Asking Price: $192,500

Cash Flow: $125,000

Gross Revenue: $722,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Rent: $1,800 /Month

Established: 2008

Owner Retiring! Bring Your Offer

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Business Description

Owner Retiring and Moving!! Profitable Restaurant in Farmington Valley

PRICED 50K BELOW MARKET VALUATION!!!! Owner is retiring and is ready to sell!!! This profitable restaurant is priced to sell and is below appraised market valuation of $240,000. The restaurant is still growing. Sales are up 10% year to date from the same time period last year.

This is a successful restaurant with a double digit growth each year and is ready for you! The current hours of operation are very family friendly. This is a turn key operation where you can continue with the current concept or make it your own.

This is an award winning, New England eatery with a patio for outside dining

Prospective buyers will be asked to complete a Non-Disclosure Agreement prior to release of business information.

Attached Documents


Detailed Information

Location:
Hartford County, CT
Real Estate:
Leased
Building SF:
1,420
Lease Expiration:
N/A
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The restaurant has a very affordable rent with ample and free parking. It has a seating capacity of 35 inside and 40 outside. All furnishings, including a POS system, are included with the sale.
Competition:
There is limited competition in the area. The restaurant has an established following with many regulars.
Growth & Expansion:
Currently, the restaurant closes after lunch. A new buyer may expand by offering dinner or offering alcoholic beverages
Financing:
All offers considered
Support & Training:
Current owner will remain for two weeks if requested by buyer
Reason for Selling:
The owner is retiring
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Business Listed By:
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