Established Restaurant-Well Equipped & Profitable -Hartford CT- $60K

Asking Price$60,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$400,000

InventoryNot Disclosed

FF&ENot Disclosed

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Established Restaurant-Well Equipped & Profitable -Hartford CT- $60K


Asking Price$60,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$400,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This restaurant is located in the city of Hartford in a great location with a mix of residential and commercial/office buildings. Well maintained street, building and store.

The store is currently running as an Asian Cuisine Restaurant but the concept can be changed by new owner if they wish.

This is a well appointed and well equipped restaurant that is approx. 800 sq ft and seats 20-24.
It has a fully operational kitchen with refrigerators, freezers, 6 burner oven, fryer, 20 ft hood, prep tables, etc. Its all here.

Sales were $700,000 when owner was working the store on a regular basis but currently hovering around $400,000 as he had to cut his hours at the store back dramatically for family responsibilities and the family's other business.

1) Dine-in is approx. 35%, 2) Take-Out 40% & 3) Third party (Uber, Door Dash) is approx. 25%.

Great rent running approx. $2300. Landlord will do a new lease with Buyer.

Utilities are affordable as gas runs about $250 and electric $500.

Lunch time from 11:30AM to 1PM is the busiest. The store is currently open 10AM -8PM for 6 days a week and closed Sunday.

4 Employees will stay on. Generally, it takes 3 employees to manage lunch and 2 for dinner. Owner currently works about 5 hours a day in the morning. The staff runs the restaurant and are looking to stay on.

Seller has owned store for over 6 and 1/2years.

Store has a incredibly high 4.6 Google review with 579 Reviews.

This restaurant is fully equipped, busy and ready to go. This is a lot of restaurant and sales for $60,000.

Listing Price = $60,000
Cash Offers - No seller or bank financing.
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
800
Rent
$2,300 per month
Listing Info
ID
2535094
Listing Views

Listing ID: 2535094 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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