- Asking Price:
- N/A
- Gross Income:
- $473,728
- Cash Flow:
- N/A
- EBITDA:
- N/A
- FF&E:
- $95,000.00 *
- Inventory:
- $1,000.00 *
- Real Estate:
- Available **
- Year Established:
- 1980
- Employees:
- 6
- Business Types:
- Restaurants
Bars/Taverns
** not included in the asking price
* included in the asking price
Business Description
Northeast Connecticut Casual Restaurant/Lounge locatedin a fully rented strip mall (available for purchase). Business & real estate priced separately. Seting capacity for 124 patrons. Located on a well traveled highway with plenty of parking. Strip mall fully rented with leases. The restaurant offers daily lunch and dinner specials priced under $10.00 and up go $15.00. Menu items include pizza, appetizers, salads, soup, grinders, seafood selections, dieter’s menu, side orders, beverages and desserts. The lounge and restaurant offer bottled or draft beer, wine & cocktails.
Detailed Information
- Facilities:
- Strip Mall Location. Owners operate the restaurant as one of the 6 businesses in the strip mall. Real Estate is available to purchase @ on or about $850,000.00 (restaurant priced separately). Completely rented with leases. Positive cash flow!
- Growth/Expansion:
- Owners feel that the existing restaurant menu can be enhanced, a buyer of ethnic origin can switch to an ethnic menu. There is no competition for ethnic menus such as Chinese, Vietnamese, etc. One of these would be a great addition to the community.
- Support/Training:
- As needed for transitional purposes
- Reason Selling:
- Retirement