Italian Restaurant Business for Broker in New Haven County, Connecticut

Business:Italian Restaurant Business for Broker
County, State: New Haven County, Connecticut
Business Type: Delicatessen/Catering Services, Restaurant/ Cafes, Must Sell/Drastic Price Reduction!

Summary Description

Italian restaurant offering finest Northern Italian cuisine. Very close following as patrons love the BYOB concept (patrons can bring their own wines, liquors and relax in the inviting atmosphere). Family owned/operated for 6 years, with the most recent 2 years at their brand new location. Comfortably seats 80-100 in a beautiful environment. Opportunity to grow this business as current owner doesn't have liquor license and only serves dinner crowd. New owner could serve lunch and increase revenue simply by obtaining liquor license. Catering to large parties also offers additional sources of revenue, as would advertising (current owner grew business solely by "word-of-mouth").

About the Sale

Asking price: $120,000 (USD)

Financing: $120,000 down and 0

Total Revenues: $250,000 (USD)

Cash Flow: $88,600 (USD)

Reason Selling: Relocating

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.