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ON-MARKET
AMERICAN RESTAURANTS

Price - Reduced -$289,000.00

New London County, CT

$300K
Asking Price
$225K
Revenue
$85K
Cash Flow

Overview

PRICE REDUCED — $289,000 TURNKEY SEAFOOD RESTAURANT + REAL ESTATE — NORWICH, CT Motivated Seller | Business + Real Estate | Turnkey Opportunity Johnny’s Clam Shack is an established seasonal seafood restaurant that has operated at this Norwich location for approximately 10 years. Asking price: $289,000 for the business and real estate package. This is an opportunity to acquire an established restaurant operation rather than spending the time and money required to build one from the ground up. PROPERTY & RESTAURANT HIGHLIGHTS
  • Approximately $250,000–$300,000 in annual sales
  • Approximately 10 years operating at this location
  • Real estate included
  • Turnkey restaurant operation
  • Seating for up to 50
  • Approximately 961 sq. ft. dining room (31’ × 31’)
  • Approximately 275 sq. ft. restaurant/work area
  • Two public restrooms, including ADA-accessible facilities
  • One employee restroom
  • Restaurant equipment and operating assets included
  • Established Johnny’s Clam Shack name and brand
  • Recipes and intellectual property included
  • Existing website and online presence
  • Established customer base
  • Potential to expand season, hours, menu and marketing
  • Beer and wine permit potential, subject to buyer application and applicable state/local approvals PRICED FOR A TIMELY SALE The asking price has been reduced to $289,000 because the owner is seeking a timely, straightforward transaction with a qualified buyer. This opportunity may be particularly attractive to an experienced restaurant operator or owner-operator looking for an established location with the business infrastructure already in place. Additional financial, equipment and operating information is available to serious prospective buyers after initial screening and, where appropriate, execution of a confidentiality agreement. $289,000 — BUSINESS + REAL ESTATE Serious inquiries and qualified buyers only. Johnny’s Clam Shack Norwich, Connecticut...

Key Details

Year Established2017
StateCT
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