Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$150,000	Inventory
Gross Income	$1,275,000	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Huge opportunity to take over the ownership and operations of the restaurant, bar/lounge and banquet/meeting rooms of the 114 room Holiday Inn in Danbury, CT. The Restaurant seats 50, and the busy bar/lounge seats 100+. The restaurant and bar is currently grossing $1,275,000 annually, and the hotel has recently updated all of the rooms. To date, the owners of the hotel have been managing the restaurant and bar, but would now like to turn the keys over to a more qualified operator. The restaurant and bar consist of 4,656 S/F plus 2,820 S/F in the banquet/meeting rooms. A long term lease with renewal options is being offered at a starting rental rate of $22.00 PSF, NNN. This is a fantastic opportunity at an asking price of $150,000.00 for the key!