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Absentee-owned University Area Burger Spot – High Volume For Sale

Hartford County, Connecticut, US
Asking Price:
$250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$806,000
Cash Flow:
$125,000

HS Listing ID-71230

Fast-casual restaurant specializing in burgers, wings, fries, and late-night dining, strategically located in a dense university corridor in Connecticut. The business benefits from a built-in student customer base, strong foot traffic, and significant late-night demand generated by a nearby dormitory campus population.

Operating for approximately 1.5 years, the business has already achieved strong sales performance and operates with a largely absentee ownership structure. Current ownership primarily oversees high-level operations and weekly inventory coordination while day-to-day operations are handled by staff.

The restaurant is fully staffed, systemized, and positioned for continued growth under both owner-operator and semi-absentee management models.

Key Highlights

Prime university-area location with consistent student traffic

Strong late-night revenue driven by nearby dormitory population

Accepts university student meal cards, generating recurring customer traffic

Approximately 4,000 sq. ft. facility with below-market rent

Fully staffed turnkey operation

Established operational systems and procedures in place

Absentee-owned structure with minimal owner involvement

Strong brand presence and growing regional recognition

Financial Overview

Revenue

Annual Gross Revenue: Approximately $806,000

Estimated Cash Flow Margin: Approximately 17%

POS Sales YTD: $1,192,414

Lease Terms

Current rent structure includes long-term below-market rates with minimal increases:

$4,111/month through August 31, 2027

$4,225/month from September 1, 2027 – August 31, 2029

Optional extension:

$4,342/month from September 1, 2029 – August 31, 2031

The lease contains only a 2.77% increase every two years, providing stable occupancy costs and under-market rent protection through 2034.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Size in square feet:
4,000

Business Operation

Management type:
This business has absentee ownership.
Reasons for selling:

Other business interests.

Other Information

Support & training:

Other business interests.