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Listing Number: 2553

Soul Food Restaurant Business for Sale in New Haven County, Connecticut

Business:Soul Food Restaurant Business for Sale
County, State: New Haven County, Connecticut
Business Type: Restaurant/ Cafes, Pizza Parlour, Other Eating & Drinking Places.

Summary Description

A thriving 150-seat stylish restaurant in a well-to-do area of New Haven County. The sudden illness of one of the partners means that you have the opportunity to get ownership of a very lucrative operation at a very attractive price. In addition to the large dining area there is a full bar and an 80-seat banquet/party room with it's own full bar. The stand-alone building is very nice and it's in the center of a 120+ space parking lot on a busy road with access to the areas main highways. The adjacent lots are available for development of this restaurant into a large catering hall. The active take-out pizza business department operates from it's own building entrance - very nice. Could be offering off-premises catering and some more agressive selling could be keeping that party room booked year-round.

About the Sale

Asking price: $400,000 (USD)

Financing: N/A

Total Revenues: $1,000,000 (USD)

Cash Flow: $240,000 (USD)

Reason Selling: N/A

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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.