Turnkey Restaurant + Real Estate | ~$962k Revenue | 25 Year Business |
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Turnkey Colombian restaurant with real estate included, located in Norwalk, Connecticut. This is a rare opportunity to acquire a proven, long-standing business generating approximately $962,000 in annual revenue with ~$106,000 in net income.
The restaurant has been successfully operating for over 25 years and is fully staffed with 13 employees, including an on-site manager. The business operates 7 days a week with strong, consistent demand and offers a smooth transition for a new owner. Ownership is preparing for retirement and is willing to assist during the transition period.
In addition to the business, the sale includes the real estate, featuring both the restaurant building and a separate multifamily property generating approximately $5,750 per month in rental income. The residential units are fully occupied and provide consistent income, with flexibility for a new owner to restructure leases and increase rents over time.
This opportunity is ideal for an owner-operator, restaurant group, or investor seeking a cash-flowing business combined with income-producing real estate and long-term upside.
The restaurant has been successfully operating for over 25 years and is fully staffed with 13 employees, including an on-site manager. The business operates 7 days a week with strong, consistent demand and offers a smooth transition for a new owner. Ownership is preparing for retirement and is willing to assist during the transition period.
In addition to the business, the sale includes the real estate, featuring both the restaurant building and a separate multifamily property generating approximately $5,750 per month in rental income. The residential units are fully occupied and provide consistent income, with flexibility for a new owner to restructure leases and increase rents over time.
This opportunity is ideal for an owner-operator, restaurant group, or investor seeking a cash-flowing business combined with income-producing real estate and long-term upside.
About the Business
- Years in Operation
- 25
- Employees
- 13 Full-time
13 full-time employees with several long-term staff members in place. The busine - Facilities & Assets
- The business operates out of approximately 2,000 sq ft commercial space with a fully built-out kitchen, dining area, and equipment included in the sale. The property also includes the real estate, featuring both the restaurant building and a separate multifamily structure generating approximately $5,750/month in rental income. Ample on-site parking supports both residential and commercial use.
- Market Outlook / Competition
- The business benefits from a strong local reputation built over 25+ years, with a loyal and consistent customer base. Located in Norwalk, Connecticut, the restaurant is positioned in an active area with steady foot traffic and strong demand for dining options. While there are other restaurants in the market, this location has established itself as a go-to destination within the community, providing a competitive advantage over newer or less established businesses.
- Opportunities for Growth
- Opportunities exist to further increase revenue through expanded marketing efforts, online ordering and delivery platforms, and extended operating hours. Additional growth potential includes menu expansion, catering services, and increased social media presence. There is also upside in optimizing the multifamily component through rent increases and improved lease structure, creating additional income and long term value.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Owner is preparing for retirement after successfully operating the business for
- Transition Support
- Seller is willing to provide training and transition support to ensure a smooth handoff of operations, including introductions to staff, vendors, and day-to-day business processes.
Listing Info
- ID
- 2491130
- Listing Views
Attached DocumentsAttachment Disclaimer
61_Cedar_St_Norwalk_CT_Brochure.pdf
Business Location
Listing ID: 2491130 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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