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Established Restaurant In Hartford County For Sale

Hartford County, Connecticut, US
Asking Price:
$180,000 Furniture / Fixtures included
Sales Revenue:
$500,000
Cash Flow:
$100,000

This is a full-service restaurant with a strong connection to the local area and 12 years of success. It is run by the owner/cook and has popular recipes to pass along as well as lots of goodwill. The business location is advantageous, only minutes from an airport and adjacent to a residential area. It has a regular customer base as well as a steady flow of visitors to the area, which is the best of both worlds. The owner operates on a short schedule, offering a very popular breakfast and lunch menu.

The location has plenty of parking, is easy to access and seats up to 100 people. They offer dine-in, take-out, and local delivery for business accounts. It is very clean and well maintained. All the equipment is in very good condition and the décor is in great shape and comfortable, with very good-quality tables, chairs, booths, etc. They serve all the diner classics and have their own twist on things as well.

The business has a solid history of steady sales and income. Given its proximity to other businesses, some new construction, and the airport, it is also expandable and can remain as is or look to operate on a full-day schedule.

Seller is looking to semi-retire for health reasons. He will stay on to assist in a transition as needed. The business is an excellent opportunity for someone with culinary skills looking for their own place. There is kitchen help and good wait staff to continue with a buyer.

Property Information

Real Estate:

Lease

Lease Terms:

rent 2,600 monthly. New lease available.

Leasehold Rent:

$31,200 per annum

Location:

Retail area with other shops and near an international airport, lots of traffic, visitors and vendors to serve

Premises Details:

Nice location in great shape and fully equipped. Good parking, comfortable tables, chairs, and booths. The business is very clean and well maintained.

Business Operation

Expansion Potential:

Strong residential and business populations, as well as airport visitors and vendors, provide a good opportunity for growth. Expanding the operating hours and menu to include diner service and late-night service can potentially double revenues.

Competition / Market:

There are a few local eateries as is typical in most towns.

Reasons for selling:

health reasons

Trading hours:

Mon to Fri 5 am to 1:30 pm, Sat & Sun 5 am to noon (summer hours)

Employees:
5
Years established:
2021

Other Information

Support & training:

seller will provide support after the sale for a smooth transition.

Furniture / Fixtures value:
$20,000 - included in the asking price