Restaurant for Sale in Windham County, CT

Windham County, CT
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Asking Price:$249,000
Gross Revenue:$332,101
FF&E:$10,000
Cash Flow:$111,711
Inventory:$5,000
Established Year:1989
BUSINESS DESCRIPTION

LISTING ID # 30475

Continuously-running restaurant of 35 years, with excellent reviews. Regular customers and loyal staff. Steady and very profitable. Seats around 100 people. Famous for baby showers, birthday parties, etc. Spotless kitchen with expensive equipment. Current sellers are ready to retire, and property is available directly from the seller. There are many opportunities for the new buyer. This business now closes at 2pm. One can extend evening hours. Liquor is not served here. New buyer can make a ton of money just by adding that. One can also add Keno and start the web page, etc. Property directly available from the seller includes over seven acres of land with nine rental properties, almost all occupied. Just the income from these rentals can pay the monthly mortgage for a new buyer, with money still leftover. Property is available from the seller at an additional $830,000. Buyer of both restaurant and property will receive a big price break. Call the broker for more details.


DETAILED INFORMATION
Location
Windham County, CT
Inventory
Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Health
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd