Suburban Breakfast/Lunch Restaurant
| Asking Price: | $49,000 | Inventory: | $2,000 ** |
| Gross Revenue: | $125,000 | Real Estate: | n/a |
| Cash Flow: | $40,000 | FF&E: | $75,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is both a great starter situation for a first time restaurant buyer and a good situation for an experienced operator with the marketing savvy necessary to increase the sales volume. The location is ideal on busy Route 5, in a suburb north of Hartford. An owner could net $40K to $50K as is, or much more with a more aggressive marketing approach. It is currently a 5 day operation with no evenings or weekends.
About the Business
Year Established:2004
Employees:5 full time -
Facilities:1,000 square foot Breakfast/Lunch Restaurant with 40 seats. In operation for 20+ years. Well equipped and in turnkey shape. Easy operation for first time buyer or good potential for growth for experienced restauranteur. Adequate parking. Great lease at $1,000/month for 5 years.
Market Outlook and Competition:There is much room for expansion. An active marketing approach including faxes and e-mails to prospective customers and more advertising could dramatically increase sales. This businexx is in a prime State Route 5 location with many cars passing by daily and many businesses and homes nearby.
About the Sale
Management Training and Support:Owner will remain for training/consulting for 30 days, 15 days on premises and 15 days via telephone, all at owner's expense.
Reason For Selling:Owner retiring to spend time with grandchildren.
Seller Financing:None available.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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