Historical Restaurant/Tavern Prospect

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Asking Price:
$299,000

Gross Revenue:
$800,000
Cash Flow:
$125,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$300,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is an exceptional rare opportunity to own a restaurant/ tavern of this caliber established for an incredible 25 years for a price like this.This is the go to place for major highly acclaimed University for a profitable college night and major events, with impeccable record for not serving minors, and after being established for all those years they have established a very large loyal customer base as well. There are too many reasons including 25 years in business, incredible location, profitable, liquor to food ratio, gross business, price and more not to act to take advantage of an opportunity of this magnitude CALL NOW!!!

About the Business

Location:
Hamden, Connecticut
Year Established:
1993
Facilities:
4,800 fabled square feet on two floors, $5,900 judicious base rent, 46 prosperous bar seats, 50 charismatic dining, captivating patio with bar and 60 seats, money making 2nd floor for parties and college nights, open 7 flourishing days lunch dinner late night with bands, profitable 60% food to 40% liquor ratio, established 25 successful years, upside potential, backyard of celebrated huge University
Market Outlook/
Competition:
Excellent location
Growth & Expansion:
Start delivery to University would be huge
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About the Sale

Reason For Selling:
Well-earned retirement after 25 years
Training/Support:
If needed

Listing Info

ID:
1562511
Ad Detail Views:
131

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Business Listed by

Shawn Reilly

Levey Miller Maretz

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