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Glastonbury CT Restaurant Lease (ID: 1052080)

FINANCIAL DETAILS
Asking Price: N/A
Gross Revenue: N/A
Cash Flow: N/A
Inventory: N/A
Real Estate: N/A
FF&E: N/A
Business Listed by John A. Russo Jr.Just Restaurants Business BrokersView All of My Active Listings
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Business Description

This is a great opportunity for a regional or national restaurant looking for a "turnkey". Very little start-up expense, location in an affluent very desirable town, Glastonbury CT. The 5,000 square foot facility is very well equipped and ready to go.

About the Business

Year Established: 2009
Number of Employees: 20

Facilities: 5,000 square foot restaurant facility in Glastonbury, CT suburb. Very well equipped with a nice decor and almost new equipment, ready for a multiple restaurant owner looking for a new high potential sales location. The current rent is $16,666.67/mo. $11,000 buys/the lease including lease rights to $700,000 worth of furniture and equiptment.

Market Outlook/Competition: The present operation is taking the name and goodwill of this operation with them. A new concept is required. This situation needs an established and known concept whose name is capable of producing sales in excess of $2 million. A successful regional or national operation is preferable.

About the Sale

Reason For Selling: Sellers have closed operation to focus on 2 other owned restaurants.

Training/Support: None

Seller Financing: None available

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