Highly confidential opportunity to acquire a longstanding restaurant with $1.2M
of revenues and significant growth runway via margin improvement under new
owner.
The restaurant has three designated sections: a dining area with a room for
private parties, a lounge/bar, and a takeout window.
To-go sales are
substantial, and the lounge is very popular with patrons as they offer happy
hour specials. Current owner operates on an absentee-basis, handling the tax and
vendor payments and maintaining the liquor license.
This business has a strong and loyal following, but margins have suffered as a
result of increased expenses across many areas of operation.
This business
offers endless opportunities for a new buyer with a strong front-of-house
manager to tighten operations.
This business is offered as a private sale; seller is offering up to 40%
financing and will move quickly.
For an initial business profile, including CT County and high-level financials,
please request an NDA via the form or send an email to dana.
beecher@fcbb.com.