Profitable Restaurant, Bar and Caterers - with/without property

New Haven County, CT

Profitable Restaurant, Bar and Caterers - with/without property
Contact Seller

Asking Price: $225,000

Cash Flow: $168,122

Gross Revenue: $1,212,511

EBITDA: N/A

FF&E: $85,000

Inventory: $30,000*

Real Estate: $925,000*

Established: 1990

*not included in asking price.

Profitable Restaurant, Bar and Caterers - with/without property

Save Print Share Valuation Report

Business Description

This popular well-established restaurant is located on a busy main street of downtown and is a short walk from the shore. It has a seating capacity of over 200 and an area of approximately 4000 sq ft on two floors with a restaurant, bar and 2 private rooms for small gatherings. One of the private rooms has a TV for Business meetings. The Bar and dining area have large windows with beautiful views of the outside greenery. The restaurant offers outdoor seating on a large wrap around porch and a patio below it, which is very popular for small parties in the summers.

They serve fresh and delicious dishes of the regional cuisine and carry a full liquor permit. They have a solid reputation based on great food and quality service, as attested by reviews spanning over 10 years. Most of the lunch regulars are from the surrounding area filled with retail stores, banks and apartments. On account of their flexibility and kind accommodation, they are also very popular caterers of the town. They provide catering for parties up to 200 guests and get repeat customers for all major holidays.

For all the charming old-world appeal of this restaurant, it has a substantial youth following with a 4.7/5 rating on Facebook and over 2500 likes!

A new owner would inherit a business built by a hard-working family and would simply have to continue the good work to reap the rewards of a lifetime.

In order to pursue your interest in this business, please call us at 855-678-1230 or email ann@atlasbb.com

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,000
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
The owners will provide training
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Arti Gupta

Business Listed By:
Arti Gupta

Atlas Business Brokers

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1557229 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings