Renowned Prosperous Tavern/Restaurant

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Asking Price:
$299,000

Gross Revenue:
$800,000
Cash Flow:
$180,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$380,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

A high grossing tavern established 18 years ago with all the elements for success big bar, over the top patio, private parties, multiple revenue sources, weekend late night entertainment, popular lounge and dining seats. You’re not just buying a profitable tavern but a piece of history which makes this a low-risk investment it's only on the market because of family. It’s rare to see an opportunity like this one act now to take advantage of this outstanding best buy tavern call now

About the Business

Location:
Branford, Connecticut
Year Established:
1999
Facilities:
4,000 flourishing square feet, $5,500 judicious gross rent (includes CAM, property tax & insurance), established 18 money making years, large popular full service bar, 50 pulsating lounge & bar seats, 70 captivating patio seats with lucrative full bar, grill and fire table, 50 charismatic dining, 80 private party room, pool table with leagues, two magnetic fireplaces, money making games juke box & keno, 7 draft beer lines, two walk-ins, full kitchen, numerous big screen TV’s, end cap location in thriving center
Market Outlook/
Competition:
End cap location major center on Rt 1
Growth & Expansion:
New blood and more marketing
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About the Sale

Reason For Selling:
Family needs
Training/Support:
If needed

Listing Info

ID:
1419599
Ad Detail Views:
1516

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Business Listed by

Shawn Reilly

Levey Miller Maretz

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