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Excellent Restaurant & Property
Location: United States -> Connecticut -> Windham County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Continuously running restaurant for last 35 years with excellent reviews. Regular customers and loyal staff. Steady and very profitable. Sits almost 100 people and famous for baby shower, birthdays, parties etc. Spotless kitchen and many expensive equipment's. Current sellers are ready to retire and property is available to sell directly from the seller. There are MANY opportunity for the new buyers. This business closes at 2 PM. One can extend evening hours. Liquor is not served here. New buyer can make ton of money just adding that. One can also add Keno and start the web page etc. Property directly available from seller includes more than 7 Acres of land with 9 rental properties with almost all occupied. Just the rent from these rentals can pay monthly mortgage for the new buyers with money still left. Property is available from seller at additional $830,000. Buyer of both restaurant and property will receive big price break. Please call the broker at 1-877-735-5224.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $332,101
Cash Flow:   $111,711
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1987
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Health




Print Listing Id: 700307959


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Connecticut Businesses For Sale > Connecticut Franchises For Sale > Connecticut Business Brokers



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