Waterbury CT Restaurant/Bar seeking highest bidder

Waterbury, CT (New Haven County)

Waterbury CT Restaurant/Bar seeking highest bidder
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Asking Price: Get Financing: $129,000

Cash Flow: N/A

Gross Revenue: $960,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: N/A

Waterbury CT Restaurant/Bar seeking highest bidder

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Business Description

Originally priced at $300,000, Owner has other business obligations that call for his immediate, undivided attention, and is now putting this well appointed full service Restaurant & Bar on the bidding block at a very reasonable bargain price of $129,000! which includes all furniture, fixtures, and equipment. of which are in pristine, 100% turn-key condition. This Waterbury New haven County CT Restaurant & Bar is located in close proximity to Naugatuck CT and offers a large variety of Italian/American menu choices, and Live weekend entertainment.with an upper scale, hip vibe. Seating capacity is 65 on the seasonal patio, 65 in the Main dining room,12 at the bar, and 40 in the private function room. Average Monthly Sales are approximately $80,000. Current lease has 4 years left,at a rent of $7500 All In. plus two 5 year renewal options. the terms of the bidding are as follows: 1st serious, qualified bidder to offer $129,000 or more, gets the deal and must submit a purchase offer with a $5000 deposit, all other reasonable offers might be considered for a highly qualified, and financially stable buyer, all bidders must show proof of available funds before a purchase offer is accepted by the Seller.
All walk-through appointments must be conducted in the early morning hours.
To arrange for a walk through of the premises

Please Contact
Exclusive Broker
Steve Matsis
Pyramid Restaurant Group
(203) 496-6274

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
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Steven Matsis

Business Listed By:
Steven Matsis

Pyramid Restaurant Group

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