9,000 sq. ft. Restaurant Business For Sale in Affluent Suburb, Connecticut

9,000 sq. ft. Restaurant

Affluent Suburb, Connecticut (New Haven County)

Asking Price:	$220,000	Inventory:	$12,000 **
Gross Revenue:	$800,000	Real Estate:	n/a
Cash Flow:	Not Disclosed	FF&E:	$250,000 ++
++ included in the asking price not** included in the asking price

An excellent Italian Restaurant with Banquet Facilities and an active Bar on Prime Route 10 location in an upscale Connecticut suburb. Many small and large parties for up to 200+ people.

About the Business

Facilities:9,000 square foot Restaurant with parking for 100+ cars. A recently remodeled Restaurant and Banquet facility with 200+ seats and a large Bar area. Same owners for 15 years. Excellent lease, rent $5,500/month.

Market Outlook and Competition:This is a unique situation in the area. It offers an up-scale restaurant concept, a fine banquet facility and bar/pub area. The existing concept will work, so will a new one, to take advantage of the fine location. An excellent sports bar location.

About the Sale

Management Training and Support:Owner will remain to assist buyers for up to 30 days, at owner's cost.

Reason For Selling:Owners burnt out after 15 years.

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Business Listed By
John A. Russo Jr. \| Just Restaurants Business Brokers View All of My Listings


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