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

Family Italian Restaurant For Sale

Location  Connecticut,United States
Asking Price Range  $250K - $500K
Gross Revenues  $250000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2009
Number of Employees  6 - 9
Inventory  200000
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Leased
Training  Owner willing to train
Reason for Sale  New Baby!
Description  Nicely appointed Italian Family Restaurant located in Hartford Cty., Connecticut. Great reputation, little competition in town, very busy road and intersection. Stand-alone 2,000ft2 building with upstairs office/storage. 60-seats with Ample Parking. Opened October 1, 2009. Cooperative Landlord. Beer & Wine Service - easily modified for full bar. Classic, comfortable dine-in complimented by robust catering and take-out. Low overhead with favorable food costs and mid-range menu pricing. Expertly equipped, immaculate kitchen with 18 burners and 4 ovens, plus more! Large amount of FFE included in asking price. Mostly new with 2009 acquisition. Sales of roughly $21,000/mo. MTD 2012. Favorable SDE multiplier reflected in asking price NDA and buyer profile required. No seller financing. Expect <30-day close. **ASKING $309,000**
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