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Completely Remodeled Shoreline Restaurant

Middlesex County, CT
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Asking Price:$275,000
Rent:$12,000/Month
Gross Revenue:$1,600,000
FF&E:$650,000
Listing ID: 2244171Listing provided by BizBuySell
BUSINESS DESCRIPTION

You couldn't build this restaurant for what this owner is asking to sell it for. Owner has another business that needs his attention.. This is perfect for a chef that wants to display their talents.

There is a separate 3000sf lower level for catering and prep long with the 3000sf upper level. Now finishing it off with a 70 seat stone patio with 3 season capabilities plus a trendy bar that seats 12,

FOR MORE INFO PLEASE FILL OUT AN NDA ON LINE BY GOING TO abc4restaurants.com

DETAILED INFORMATION
Location
Middlesex County, CT
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,000
Lease Expiration
01/01/2035
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Free standing building with upper and lower levels and outdoor patio that could possibly be a 3 season dining room. Separate lot for parking across the street.All new equipment.
Competition
Other restaurants in the area but none with the modern look of this trottoria with an open kitchen that has a pasta station as well as a wood burning pizza oven.
Growth & Expansion
Expand the catering business with the state of the art lower level catering kitchen.
Financing
SBA approved with 10% down to qualified operator
Support & Training
The seasoned staff will stay on for an easy transition if the new owner wished.
Reason for Selling
The Owner is in the construction business and the restaurant is being run absen
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Joe
Granato
ABC4Restaurants /ABC4Commercial (Investment Properties)
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Joe Granato
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