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Listed by:

Restaurant Equipment Paradise Inc

Spectacular Popular Restaurant Bar, Added Unique Outdoor Dining For Sale

Branford, Connecticut, US
Asking Price:
$220,000 Furniture / Fixtures included
Sales Revenue:
$1,148,000
Cash Flow:
Undisclosed

Spectacular Popular Restaurant Bar with added Unique Outdoor Dining

Branford Restaurant - Buy in Season or Plan Now for the End of the Season.

This restaurant property is well known and currently operated by a manager and an investment group. If you are a working chef or have experience in management of a versatile restaurant bar with indoor / outdoor seating and unique "fun" environment , this is for you. Unlimited business opportunity growth can be demonstrated with review of profit and loss statement that identifies all revenue streams. The hours of operation are minimal currently but can be increased to become your gold mine restaurant property. Prepare to become well known in the town operating this establishment because of the buzz it has created in the last 5+ years. The customers love the choices in creative seating indoors and outside. It is a social restaurant that includes live music - dancing --karaoke, and video entertainment. There is a small party room inside and gorgeous versatile spaces for outside for private and public events. Since Covid, the changes are apparent in growth and public requests, but a new owner can certainly benefit to improve myriad areas of revenue even more. I can show you a dream restaurant property that can be simple or multi-faceted. If you love Farm to Table Restaurants -- Wedding Venue Unique Properties -- Food Truck Properties -- Music Properties -- Tavern Style Restaurant Bars -- you can make any one of these work or a combination of these to create a Restaurant you love to Manage. (New lease can be negotiated or you can acquire an assigned lease). You will be well prepared with the set up of equipment that is currently approved for the operating entity with all necessary licenses. There is also a newer hot water heater, clean vents, and operating all operational refrigeration and two walk-in units The kitchen and bar has all you need to make fantastic food - creative cocktails and ample money. We can help make your business plan and vision based on past consultant advice on highest and best use of the property. Take your talent and elevate this attractive property to the restaurant bar you deserve.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration:
3/31/2029

Location:

Branford, CT (New Haven County)

Premises Details:

Indoor Wood Bar L Shape fully equipped with state of the art refrigeration/ice machine and dishwasher, 12 Foot Kitchen Type 1 Hood, Grease Trap in ground, Upright Dishwasher and NSF Sinks, Music Sound system and Televisions, Toast System with Handhelds, Newer Cyclone Hot Water Heater, 2 Walkins, Secure Closet for Liquor Storage, 4 Clear Retractable Doors for Opening one room up or closing off for a private room, the other 2 are for light and ambiance. Barbecue Pit Grills on Trailer for Outdoor Events, Food Trailer & Outdoor Bar for Events, Picnic Tbls

Size in square feet:
2,500

Business Operation

Expansion Potential:

Add Hours -Restructure Social Media Program -Revaluate the Live Music Costs -Add Food Truck Events -Add Farm to Table Events -Open Lunch -Add more Non Alcoholic Beverages Selections to increase Drink Sales and keep customers safer late nights. Improve the curb appeal of the property... every spring a certain amount of improvements happen, but your vision could take this property to the next level. You also can downsize from the current plan with "Less is More" principle and spend less to keep more profits in your pocket. Envision Your Dream

Competition / Market:

* This restaurant bar is so unique that the only competition is having a customer choose a different style food to try in the area such as a famous seafood place directly across the street. If anything, the competition helps this business to attract new sales when patrons out of the area drive past the lively restaurant bar. It looks esthetically pleasing with authentic curb appeal that people want to try it ! After the first visit, they are hooked.

Reasons for selling:

Owner has other career and this is a hobby. Other Owners have other careers as

Employees:
14
Years established:
9 Years

Other Information

Support & training:

Yes -- Training 1 week to a month, or Keep the manager for a period of time while you learn the processes There is a new chef in place with a newly implemented menu. There are bartenders and waitstaff to rehire that are competent, friendly and willing to continue working with a team approach.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

* The asking price is 299,000 -- You can present your financial capacity

Furniture / Fixtures value:
$175,000 - included in the asking price
Inventory / Stock value:
$5,000