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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Connecticut Businesses For Sale Categories   >>   

Italian Deli And Restaurant

Location  Connecticut,United States
Asking Price Range  $250K - $500K
Gross Revenues  $551000
Net Profit / Cash Flow  $228529
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1969
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Reason for Sale  Owner is retiring.
Description  The word ''unique'' fails to adequately describe this terrific concept developed by the current owners. It's a high end Italian deli, market, and restaurant all rolled into one. The restaurant for sale, which has a full liquor licence, has been open for a year and it has taken off like a rocket! Lines out the door on Thursdays, and Fridays and Saturdays are reservation only! Net profit has increased by 50.4% and discretionary cash flow has increased by 69.6%! When looking at the Business Profile please note that the Payroll and Payroll Taxes are projections only as this is a family run business. This is one of only a handful of retail food establishments whose sales have grown significantly during these difficult economic times. Definitely a MUST SEE!
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