HS Listing ID-71230
Fast-casual restaurant specializing in burgers, wings, fries, and late-night dining, strategically located in a dense university corridor in Connecticut. The business benefits from a built-in student customer base, strong foot traffic, and significant late-night demand generated by a nearby dormitory campus population.
Operating for approximately 1.5 years, the business has already achieved strong sales performance and operates with a largely absentee ownership structure. Current ownership primarily oversees high-level operations and weekly inventory coordination while day-to-day operations are handled by staff.
The restaurant is fully staffed, systemized, and positioned for continued growth under both owner-operator and semi-absentee management models.
Key Highlights
Prime university-area location with consistent student traffic
Strong late-night revenue driven by nearby dormitory population
Accepts university student meal cards, generating recurring customer traffic
Approximately 4,000 sq. ft. facility with below-market rent
Fully staffed turnkey operation
Established operational systems and procedures in place
Absentee-owned structure with minimal owner involvement
Strong brand presence and growing regional recognition
Financial Overview
Revenue
Annual Gross Revenue: Approximately $806,000
Estimated Cash Flow Margin: Approximately 17%
POS Sales YTD: $1,192,414
Lease Terms
Current rent structure includes long-term below-market rates with minimal increases:
$4,111/month through August 31, 2027
$4,225/month from September 1, 2027 – August 31, 2029
Optional extension:
$4,342/month from September 1, 2029 – August 31, 2031
The lease contains only a 2.77% increase every two years, providing stable occupancy costs and under-market rent protection through 2034.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2508006