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Restaurant-26741 for sale in Hartford County, CT

Hartford County, Connecticut (CT)

Asking Price: Gross: Cash Flow:
$ 800,000 $ 850,000 $ 393,822

Inventory Value:
$ 20,000 (included in the asking price)

Business Summary:
Classic event space and catering hall is up for sale. This legendary establishment is known for their impeccable reputation for many decades with an enviable track record in food, service, cleanliness and customer compliments. This business serves any and all occasions: banquets, reunions, showers, wedding receptions, engagement parties, post-funeral receptions, corporate and social events. The owners of this very profitable business have served the community for over 40 years and have been able to live a very comfortable lifestyle. In recent years the owners scaled back their business to service selective opportunities and clientele. Lot of opportunities for a new owner: (A) Reopen the restaurant to the public. (B) Make use of a fully furnished unused basement lounge . (C) Open doors for holiday business and market business to new clients. The business is located in an excellent central location with plenty of parking and new business is easily attracted to this site. Property must be purchased with the business from the owner for $900,000 and owner may offer some seller financing for a qualified buyer. Please contact broker [email protected] for more information. Proof of funds will be required. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-26741 for instant access to this business information.

 

   
Year Business was Established: 1979
   
Number of Employees: 3FT/27PT  
   
Owner willing to finance: 800,000.00 Down & TBD  
   
Owner willing to train: Seller will train  
   
Reason for selling: Retirement  
   
Seller Reference Number: 26741
BusinessMart.com Listing Number: 255000
 

 

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For more info contact:

Vested Business Brokers

Vested Business Brokers
631-265-7300

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