Buy a Bar/Restaurant Business in Fairfield County, Connecticut

Business: Buy a Bar and Restaurant Business
County, State: Fairfield County, Connecticut
Business Type: Restaurant, Cafes, Bar/Tavern/Night Clubs, Other Eating & Drinking Places

Summary Description

Own a classic bar and restaurant in one of Fairfield County's premier entertainment districts. Excellent brand name and loyal customer base. Located in a historic area surrounded by bars, restaurants, theaters and luxury apartments. One of the original establishments in the area renaissance. Established 12 years. Net up to $200,000 annually. Five year lease remaining at half going rate in the area. Fully equipped. Turnkey. 4000 sq. ft. between restaurant, bar and kitchen. Additional 4000 sq. ft. of basement dry storage. No other area liquor licenses available. A blue chip business.

About the Sale

Asking price: $350,000 (USD)

Total Revenues: $1,293,274 (USD)

Cash Flow: $181,199 (USD)

Financing: $300,000 down and $50,000 @ 8% for 60 months

Reason Selling: Owner pursuing other business interests

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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.