| Asking Price |
$195,000 | Inventory |
$5,000** |
|---|---|---|---|
| Gross Income |
$700,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2003 |
| FF&E |
$500,000* | Employees | 17 |
* included in the asking price
** not included in the asking price
Well Equipped and Furnished Restaurant, looking for a new operation to reach its potential. The Restaurant Assets would cost over $500,000 to replace. The Prime Location is on the Very Well Traveled Berlin Turnpike in Newington, Connecticut.
Facilities: 6,359 square foot Restaurant pad site adjacent to Major Shopping Center. Elegant Decor plus Furnishings and Equipment($500,000 to replace). Facility is in excellent shape(turnkey). Parking for 100's of cars. Rent is $7,948.75/month Triple Net with total of approximately $12,000/month.
Competition: This location is on the very busy Berlin Turnpike in Newington, Connecticut. There is much competition with many national and independent restaurants, but there is always room for one more excellent operation.
Growth/Expansion: The optimum use of this location is with a new restaurant concept making use of the elegant layout and facility.
Financing: Little or no financing available.
Support/Training: This is in reality an asset, location and lease sale, with a prime A+ location(43,000 cars/day), plus a turnkey, well equipped and furnished operation.
Reason Selling: Needs to spend more time on his other business.

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