Cozy Mexican Restaurant & Bar

New Haven County, CT
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Asking Price:$125,000
Gross Revenue:$325,000
Cash Flow:$80,000
Rent:$2,300/Month
BUSINESS DESCRIPTION

Great For Owner Operator

Don't miss this opportunity to take over a profitable Mexican restaurant & bar that has been a neighborhood favorite for many years. This freestanding building is highly visible with ample parking and resides on a very busy street. With a 50/50 split between food and liquor the owner makes a nice profit. Also the very profitable entertainment aspect with live bands & DJ's adds to the profitability of this local gem.

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The restaurant has a separate bar area as well as dining area that seats between 70-80 people. A fully equipped kitchen as well as a full functioning basement makes this a low overhead running restaurant. Along with a low rent of $2300 per month all in this little gem is perfect for an owner operator.


DETAILED INFORMATION
Location
New Haven County, CT
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
01/01/2035
Support & Training
Owner will stay on for as long as needed and would also stay on in a working capacity if the new owner wished.
Reason for Selling
Personal Reasons
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Joe
Granato
ABC4Restaurants /ABC4Commercial (Investment Properties)
Joe Granato