The Best Yet

New Haven County, CT

The Best Yet
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Asking Price: $439,000

Cash Flow: $200,000

Gross Revenue: $800,000

EBITDA: N/A

FF&E: $350,000

Inventory: N/A

Established: 2007

The Best Yet

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Business Description

It is indeed my pleasure to offer one of the best opportunities I have had in the past 15 years brokering restaurants. This historic local gem with Best of Awards too numerous to list, established 10 years has become a cornerstone of the community, located in one of the most charming enchanted upscale villages on east shore. There are very few owners of a restaurant of this caliber that can boast a cash flow of $200,000 after all expenses. The main reason being that it was built to franchise and was layered with hi-tech systems being able to hold a tight rein on all facets of the operation specially costs. It really doesn’t get better than this one, very rare opportunity to own a restaurant of this caliber for a price like this is unheard of call now for this must see.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,550 showcase square feet, 80 enchanting seats, full captivating full service bar, popular alluring patio, judicious practical $4,300 gross rent(includes all CAM taxes & property insurance) mere 6% rent factor w/ 18 years left, full liquor license w/ creative cocktails and 90 wines by the glass, gas fired fireplace heats whole restaurant, 6 tons air-conditioning, highly acclaimed w rave reviews, open 7 money making days L & D, extraordinary proprietary eclectic menu & food, state of the art video security and POS system, profitable absentee owner, upside potential, turnkey, warm European café ambiance, established 10 years
Competition:
Popular upscale East Shore Town
Growth & Expansion:
Expanded marketing plan
Support & Training:
If needed
Reason for Selling:
Retiring
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Shawn Reilly

Business Listed By:
Shawn Reilly

Levey Miller Maretz

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