Middlesex County Turn-key Restaurant

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Business Description

Once-in-a-lifetime opportunity to purchase an absolute gorgeous interior turn-key restaurant. Great town, great pizza, Italian a-la-cart business, busy dining at bar with full liquor, great parking, way below market $5,000 NNN $10.64 sq ft lease with no increases for remaining 12 years. Reasonable purchase price, owner must sell due to significant health issues. Also, 2nd floor has 3 efficiency apartments for staff or rental.

Potential purchaser with proof of funds can see sales in-store every day for two weeks.
• LEASE, EQUIPMENT LIST, AND FINANCIAL INFORMATION PROVIDED UPON PROOF OF FUNDS.
• PLEASE GO IN AS A CUSTOMER AND DO NOT IDENTIFY YOURSELF AS A BUYER.
• ALL INFORMATiON IS AN APPROXIMATE REPRESENTATION FROM THE SELLER AND COMMERCIAL SERVICES REALTY IS NOT LIABLE FOR ANY INACCURACIES.

About the Business

Location:
Middletown, Connecticut
Year Established:
2012
Facilities:
5,638 sq ft, freestanding building. Interior seating:bar 25, dining 80 and 56, 2 outside patios seat 50 and 12. Well and septic, 200 amp 3 phase electric on .056 acre lot with ample parking. 0.4 miles on/off Route 9 access.
Growth & Expansion:
provide delivery, catering, and marketing
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About the Sale

Reason For Selling:
significant health issue

Listing Info

ID:
1655947
Ad Detail Views:
0
Asking Price:
$300,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
$125,000
Inventory:
$15,000
not included in asking price

FF&E:
$95,000
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Rick Ziff

Action Business Brokerage

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Report an Issue 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 & Conditions.