Family/Dining Restaurant Business for Broker in Hartford County, Connecticut

Business:Casual Dining Restaurant Business for Broker
County, State: Hartford County, Connecticut
Business Type: Restaurant/ Cafes, Other Eating & Drinking Places

Summary Description

Casual dining, full-service family restaurant with over $1M in sales. Located on heavily traveled road in Hartford County. Open 6 days a week for breakfast, lunch and dinner. Menu offers wide selection of traditional Italian and American entrees. Dishes are prepared fresh. Been in business since early 90's. Part of a local franchise (4 in CT and 2 in FL). Over 5,000 sq ft with seating for 144, with an additional 20 at the bar. The lease includes a house adjacent to the property (currently rented but could be owner-occupied). Well-established with many loyal patrons. Excellent financing being offered.

About the Sale

Asking price: $240,000 (USD)

Total Revenues: $949,400 (USD)

Cash Flow: $100,610 (USD)

Financing: $150,000 down and 90000 over 48 months at 9%

Reason Selling: moving on

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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.