Turnkey Fairfield County Restaurant & Bar | Full Buildout + FF&E

Asking Price: $275,000

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Turnkey Fairfield County Restaurant & Bar | Full Buildout + FF&E


Asking Price: $275,000

Asset Sale Description
Fully built-out restaurant and bar opportunity in Georgetown, at the crossroads of Redding, Ridgefield, Wilton and Weston. Acquire a substantially completed restaurant space with commercial kitchen infrastructure, dining and bar areas, FF&E and an established lease, without the time and expense of starting from a raw commercial space.

The approximately 3,328 SF premises offer an experienced operator, chef-owner or restaurant group the opportunity to bring a new or existing concept into a restaurant that is already substantially built and equipped for food-service use.

The sale includes the seller-owned furniture, fixtures and equipment, restaurant-specific improvements and leasehold interest, subject to final inventory and lease-transfer terms. The space includes a full-service dining environment, bar and beverage area, commercial kitchen, food-preparation and support areas, basement storage/support space and restaurant-specific mechanical and utility improvements.

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. This offering is being marketed primarily as an asset and leasehold sale rather than an earnings-based business sale, making it particularly well suited to an operator who sees value in acquiring the existing infrastructure and avoiding a major restaurant buildout.

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 days and hours, catering and private events, increased takeout/delivery, stronger local marketing, or introduction of an entirely new restaurant concept.

Asking Price: $275,000

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.
Detailed Information
Facilities & Assets
Approximately 3,328 SF of restaurant premises consisting of first-floor restaurant space plus basement/support area.

Existing improvements include:
• Full-service dining environment
• Bar and beverage service area
• Commercial kitchen infrastructure
• Restaurant-specific mechanical and utility improvements
• Food preparation and support areas
• Basement storage/support space
• Furniture, fixtures and seller-owned equipment
• Existing restaurant lease with renewal options

Exact FF&E inclusions are subject to the final equipment schedule and Asset Purchase Agreement.
About the Sale
Transition Support
Transition assistance and introductions to landlord/vendor relationships can be discussed as part of an acceptable transaction.

This is primarily an asset sale, so buyers should expect to bring their own concept, operating systems and management.
Seller Motivation
Seller is focusing resources on other business interests.
Listing Info
ID
2544653
Listing Views
69
Attached DocumentsAttachment Disclaimer

Georgetown Flyer L.pdf


Listing ID: 2544653 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. See our full Terms of Use. Learn how to avoid scams.


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