Absentee-Owned University Area Chicken Restaurant – High Volume

Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$757,000

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave

Absentee-Owned University Area Chicken Restaurant – High Volume


Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$757,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
HS Listing ID-71230

Fast-casual restaurant specializing in burgers, wings, fries, and late-night dining, strategically located in a dense university corridor in Connecticut. The business benefits from a built-in student customer base, strong foot traffic, and significant late-night demand generated by a nearby dormitory campus population.

Operating for approximately 1.5 years, the business has already achieved strong sales performance and operates with a largely absentee ownership structure. Current ownership primarily oversees high-level operations and weekly inventory coordination while day-to-day operations are handled by staff.

The restaurant is fully staffed, systemized, and positioned for continued growth under both owner-operator and semi-absentee management models.

Key Highlights

Prime university-area location with consistent student traffic

Strong late-night revenue driven by nearby dormitory population

Accepts university student meal cards, generating recurring customer traffic

Approximately 4,000 sq. ft. facility with below-market rent

Fully staffed turnkey operation

Established operational systems and procedures in place

Absentee-owned structure with minimal owner involvement

Strong brand presence and growing regional recognition

Financial Overview

Revenue

Annual Gross Revenue: Approximately $757,000

Estimated Cash Flow Margin: Approximately 17%

POS Sales YTD: $1,192,414

Lease Terms

Current rent structure includes long-term below-market rates with minimal increases:

$4,111/month through August 31, 2027

$4,225/month from September 1, 2027 – August 31, 2029

Optional extension:

$4,342/month from September 1, 2029 – August 31, 2031

The lease contains only a 2.77% increase every two years, providing stable occupancy costs and under-market rent protection through 2034.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$4,111.00 per month
About the Sale
Seller Motivation
Other business interests.
Transition Support
Yes.
Listing Info
ID
2508006
Listing Views

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Michael Steinberg Hedgestone Business Advisors

Listing ID: 2508006 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.


Similar Listings
Long Established Catering Company
$500,000Long Established Catering CompanyHartford County, CT
Jon Smith Subs
$100,000Jon Smith SubsFeatured Franchise
Capriotti's Sandwich Shop
$250,000Capriotti's Sandwich ShopFeatured Franchise
Anchor Bar
$400,000Anchor BarFeatured Franchise
Clean Eatz
$200,000Clean EatzFeatured Franchise
Long Established Catering Company
$500,000Long Established Catering CompanyHartford County, CT
Jon Smith Subs
$100,000Jon Smith SubsFeatured Franchise
Capriotti's Sandwich Shop
$250,000Capriotti's Sandwich ShopFeatured Franchise