Sushi Opportunity In Plaza w/ Trader Joe's & National Retailers

Manchester, CT (Hartford County)

Sushi Opportunity In Plaza w/ Trader Joe's & National Retailers
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Asking Price: $199,000

Cash Flow: N/A

Gross Revenue: $650,000

EBITDA: N/A

FF&E: $375

Inventory: N/A

Rent: $5,200 /Month

Established: 2017

Sushi Opportunity In Plaza w/ Trader Joe's & National Retailers

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Business Description

Fantastic opportunity for a credit worthy operator to take over a 1 year" new" fully built out restaurant with full liquor license.Located in one of the busiest shopping plaza's in New England! 100,000 people live in 5 mile radius and hundreds of thousands visit this mall area dailyy! At the cross roads of 2 major interstates. Presently an Asian restaurant with past sales of 18k a week. Owners have to leave for personal reasons and are willing to take a loss on their investment. This is presently a national franchise so buyer has the option of continuing the present operation or bringing their own concept and avoiding franchise royalties & advertising fees. ALL EQUIPMENT & FURNITURE ARE BRAND NEW! Full liquor license & 8 seat bar. For further info PLEASE FILL OUT A NON DISCLOSURE AGREEMENT ON LINE BY GOING TO www.abc4restaurants.com.

Detailed Information

Location:
Manchester, CT
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Gorgeous fully built out 80 seat restaurant w/ a small bar. State of the art kitchen with a 22 ft hood! AAA location!. Rent is 7 1/2% of gross at $936,000 yearly sales
Competition:
This is a unique concept. Nothing in the area that has this concept. Neighboring National retailers include Olive Garden, Trader Joe's, Artisianal Burger Bar, Sally's Beauty Salon, Taco Bell, Total Wines, Starbucks, Boston Market, Teds Montana Grill Friday's, Chili's, Friendly's, Buffalo Wild Wings, Dave & Busters, Red Robin, Outback Steak House, , JC Penney Distribution Center, Walmart, Sweet Frogs Frozen Yogurt, Five Guy's, Dollar Tree, Big Lot's, Petsmart, Jo-Ann Fabrics Dress Barn, Hampton Inn. Texas Road House, Rave Multi Plex Cinema's,.Mc Donalds, Burger King, Dunkin Donuts, Panera Bread..... GET THE PICTURE!
Growth & Expansion:
Any Concept can work here! The money has already been spent! Get in now! No costs for zoning approvals! No carrying costs for build out time! Legal Fees minimal! Adding delivery along with having a great opportunity for catering to many nearby medical complexes &a tremendous corporate customer base! A new operator who has experience in promoting the beverage side of the business could increase liquor sales. Presently liquor sales are only 8% of sales!
Support & Training:
The Franchise company will give continuing support if new owner decides to continue operating nthe present franchise. If new owner wishes to continue with a similaa concept the owners will stay on for 2 weeks!
Reason for Selling:
Personal 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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