Established Latin Restaurant with Full Bar and Catering Capabilities

Norwalk, CT

Seller Financing Available

listing image
Asking Price:$475,000
Established Year:2014
BUSINESS DESCRIPTION

Well established and fully equipped restaurant in the historic district of South Norwalk. This business has been operating for 10 years and offers an exceptional opportunity for a new owner to bring their own vision to life. While the sale does not include the existing name and brand, it provides a canvas with great bones for rebranding and creative transformation.

The main floor features plenty of indoor seating, while the basement boasts an additional 1,500 square feet dedicated to bakery and prep areas. This versatile space could also be adapted for a catering business, an upside to the business plan. There is also potential for an outdoor patio in the rear.

The restaurant is positioned in the vibrant heart of SoNo, offering unmatched visibility and accessibility. Its proximity to I-95 and Route 7 ensures convenient access for both employees and customers. South Norwalk has experienced substantial revitalization, with hundreds of new apartments being constructed annually. The area is also witnessing the development of storage facilities, retail spaces, office complexes, and more. Enhancing the neighborhood's energy is The SoNo Collection, a modern shopping destination catering to today’s consumer with an impressive selection of retail options, state-of-the-art amenities, and diverse dining experiences, all within a stylish, contemporary setting. Additionally, the Marriott is expanding with a significantly larger property and parking garage next to the existing Marriott Residence Inn, directly across from the restaurant.


DETAILED INFORMATION
Location
Norwalk, CT
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,158
Facilities
All fixtures, furniture and equipment in place is included in the sale. Full list available upon request.
Growth & Expansion
Fully usable and equipped lower level space allows for prep with room to ramp up the bakery section of the business and potential catering.
Financing
To be determined.
Support & Training
To be determined.
Reason for Selling
Focusing on other location.
Report an Issue with this listing
profile-img
Christopher
Lara
Febbraio Commercial
Christopher Lara