Skip the costly ground-up buildout and step into a substantially completed restaurant and bar in Georgetown/Redding, Connecticut.

This approximately 3,328 SF turn-key restaurant opportunity offers an experienced operator, chef-owner or restaurant group the ability to acquire the existing restaurant assets, furniture, fixtures, equipment and leasehold improvements and take over a space already designed and built for restaurant use.

The restaurant features an established dining and bar environment, commercial kitchen infrastructure, basement support space and extensive FF&E. A detailed equipment schedule is being finalized and will be provided to qualified buyers.

This is being offered primarily as an asset and leasehold sale rather than an earnings-based business sale. The opportunity is in the physical plant, existing infrastructure and favorable lease position, eliminating significant time and expense involved in building a restaurant from a raw commercial space.

Seller/CPA-provided historical information reports approximately $800,000 in gross revenue during the first full year of operations, with a reported 26% gross margin and lease expense representing approximately 7% of gross sales. Historical results are provided for context only; no current or future SDE, EBITDA or profitability is represented.

The existing lease is another major component of the opportunity. Minimum rent began at approximately $3,500 per month, with contractual increases, and the lease provides two additional five-year renewal options. Transfer of the lease in connection with the asset sale is subject to the existing lease terms, landlord requirements and buyer qualification.

Potential opportunities for a new operator include expanded operating hours, stronger marketing, catering, private events, takeout/delivery and implementation of a new or existing restaurant concept.

For the right operator, this is a chance to acquire the infrastructure rather than merely a name — and begin with a restaurant that has already had much of the difficult and expensive physical work completed.

Detailed offering memorandum, lease information, equipment list and additional financial history available to qualified buyers. NDA and proof of funds may be requested.

The physical restaurant is already in place, allowing a buyer to focus on operating and growing the concept rather than undertaking a major new buildout.

Seller/CPA-identified opportunities include:
• Expanded days and operating hours
• Increased marketing and local outreach
• Catering and private events
• Additional delivery partnerships
• Takeout and off-premise sales
• Introduction of a new concept or established operator brand

Actual performance will depend on the buyer's concept, management and execution. No future revenue or profitability is represented.