Profitable Poke Restaurant with Great Upside Potential
Business Description
This profitable poke restaurant presents an exceptional opportunity in the heart of Greenwich, Connecticut, one of the nation's most affluent markets. The business demonstrates strong financial performance with $101,000 in EBITDA on a $225,000 asking price, representing an attractive 2.2x multiple that compares favorably to industry benchmarks.
Located in a prime 1,000 square foot space with lease terms extending through April 2032, this turnkey operation benefits from Greenwich's sophisticated dining culture and high disposable income demographics. The central location provides excellent visibility and accessibility to both residents and the substantial daytime business population.
The poke concept aligns perfectly with current health-conscious dining trends, offering fresh, customizable meals that appeal to Greenwich's wellness-focused demographic. The streamlined operations model ensures manageable overhead while maintaining quality standards that discerning local customers expect.
Key Investment Highlights:
- Strong EBITDA of $101,000 demonstrating operational efficiency
- Established customer base in premium market location
- Lease security through April 2032 at $6,556 monthly
- Scalable business model with growth potential
- Easy-to-operate concept suitable for owner-operator or absentee management
- Prime Greenwich location with affluent customer demographics
This restaurant represents an ideal entry point into Greenwich's competitive dining market, with proven profitability and significant upside potential. The combination of strong fundamentals, favorable lease terms, and prime location positioning creates an attractive investment opportunity for buyers seeking an established food service business in one of Connecticut's most desirable markets.
The business offers immediate cash flow with the potential for expansion through extended hours, catering services, or additional marketing initiatives to capture the substantial market opportunity in this affluent community.
Located in a prime 1,000 square foot space with lease terms extending through April 2032, this turnkey operation benefits from Greenwich's sophisticated dining culture and high disposable income demographics. The central location provides excellent visibility and accessibility to both residents and the substantial daytime business population.
The poke concept aligns perfectly with current health-conscious dining trends, offering fresh, customizable meals that appeal to Greenwich's wellness-focused demographic. The streamlined operations model ensures manageable overhead while maintaining quality standards that discerning local customers expect.
Key Investment Highlights:
- Strong EBITDA of $101,000 demonstrating operational efficiency
- Established customer base in premium market location
- Lease security through April 2032 at $6,556 monthly
- Scalable business model with growth potential
- Easy-to-operate concept suitable for owner-operator or absentee management
- Prime Greenwich location with affluent customer demographics
This restaurant represents an ideal entry point into Greenwich's competitive dining market, with proven profitability and significant upside potential. The combination of strong fundamentals, favorable lease terms, and prime location positioning creates an attractive investment opportunity for buyers seeking an established food service business in one of Connecticut's most desirable markets.
The business offers immediate cash flow with the potential for expansion through extended hours, catering services, or additional marketing initiatives to capture the substantial market opportunity in this affluent community.
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- $6,556.00 per month
- Lease Expiration
- 4/30/2032
About the Sale
- Financing Options
- None
Listing Info
- ID
- 2509438
- Listing Views
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2509438 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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