Business Summary:
Blue collar bar and restaurant, which has been continuously operated for 75 years! Food comprises 40% of sales. The menu is casual - grinders, sandwiches, soups, pasta, a few entrees and sides. Beer and drinks are reasonably priced. Cash flow undisclosed.
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| Year
Business was Established: 1934 |
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| Number of Employees:
2 pt |
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| Facilities / Terms of Lease:
The restaurant/bar occupies 1st floor of a 2 story building, which has 2 apartments on 2nd level that rent for $500/mo.each plus utilities. The main level is divided into halves – the bar on one side and the restaurant on the other. There is a well equipped compact kitchen in the rear. The 684 sq.ft. garage is adequate for four cars. Across the street is an approximately 70’x100’ parking lot. |
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| Potential
Growth/Expansion:
Needs a good face lift inside. Pizza might do well here, or convert to an ethnic restaurant with full liquor. Near Central CT State University |
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| Owner
willing to finance:
2nd mortgage possible from owner. |
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| Owner
willing to train:
Owner will advise. |
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| Reason for selling:
Retirement |
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Seller Reference Number: 1323DL
BusinessMart.com Listing Number: 61107 |
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