Sucessful Hometown Bistro, Cozy, Popular & Owner Operator Turnkey

Colchester, CT (New London County)

Seller Financing Available
Dining Room
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Asking Price: $99,000

Cash Flow: $53,000

Gross Revenue: $400,000

EBITDA: $50,835

FF&E: $69,000

Inventory: $1,650*

Rent: $1,650 /Month

Established: 2007

*not included in asking price.

Sucessful Hometown Bistro, Cozy, Popular & Owner Operator Turnkey

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Business Description

Successful Local Bistro, Popular, Cozy with Liquor License & Quaint Bar

Currently operated by a chef owner in a high traffic location. National chains all around. All highways within less than .5 miles. Very attractive cafe with full liquor license and marquee signage. In business for 12 years. The facilities are 1215 sf plus a 3 season enclosed portch. ADA compliant bathroom with 2nd bathroom in place. Basement with dry storage and refrigeration. 18 off-street parking spots. Kitchen has a 9ft hood, big dipper, universal equipment, propane cooking and heat, and city water and sewer. Bar has 8 seats, dining room has 32 seats. Outside has 14 seats. Perfect for chef owner or a person who wants to manage while earning income on bar or serving tables. 1650 rent per month

Detailed Information

Location:
Colchester, CT
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,215
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully Equipped with Refrigeration and Propane Gas Equipment under a 9ft hood, Quaint Bar, Enclosed Porch and Gorgeous Dining Room
Competition:
Nothing compares to the distinct ambience and great variety of specials. Comfortable eatery that people frequent as regulars.
Growth & Expansion:
Expand on Catering, Add Delivery If you want to Add Pizza, Hood will Need to be Added or Repositioned.
Financing:
Small Percentage
Support & Training:
One month support by Dec 2019, Two weeks support by Jan, 2020 One week support by March 1 2020
Reason for Selling:
Out of State owner, taking National Hospitality Position
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Jennifer Swerdlick

Business Listed By:
Jennifer Swerdlick

Restaurant Equipment Paradise Inc.

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