UCONN at Storrs Restaurant - Gansett Wraps

Storrs Mansfield, CT (Tolland County)

UCONN at Storrs Restaurant - Gansett Wraps
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Asking Price: $325,000

Cash Flow: N/A

Gross Revenue: $1,075,764

EBITDA: N/A

FF&E: $131,000

Inventory: $16,500*

Established: 2016

*not included in asking price.

UCONN at Storrs Restaurant - Gansett Wraps

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Business Description

UCONN at Storrs Restaurant - Gansett Wraps

Rent $70,189.21 annually, taxes $8,713.47, CAM $5,857.13 = $84,759.81 all in rent. This one of a kind location on a corner with a traffic light directly across the street from UCONN Campus and next door to Dunkin Donuts, CVS, Moe’s, Insomnia Cookie, Froyo, Mooyahs and UCONN Health Center are neighbors. Serving huge fresh delicious wraps, great falafel and kebobs. Beautiful and functional over $400,000. build out. Open daily 10:00 – 10:00. Seller family owns 4 restaurants in Rhode Island and needs brother running UCONN store back in Rhode Island.

Detailed Information

Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,090 sq ft plus outdoor dining patio. Complete list of furniture, fixtures and equipment list available. 22 ft hood, walk in refrigeration 8’x9’, 7’x8’ walk in freezer, 2 ADA bathrooms and a grease trap in ground.
Growth & Expansion:
Best suited for buyer who will be additionally open midnight to 4:00am for takeout/delivery to students. Huge upside income potential.
Reason for Selling:
Seller's Family owns 4 other restaurants in Rhode Island.
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(from currently available funds)
 
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Rick Ziff

Business Listed By:
Rick Ziff

Commercial Services Realty

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