American Restaurant
Newington, CT

This is a turnkey American restaurant specializing in house made burgers from scratch that has a delectable menu for all, loyal customer base, and is in a prime location! While this is a newer restaurant to the area, it has been open for over a year now and has become a go-to spot around town doing over $1.3M in revenue the first year! If you're looking to seize the chance to redefine the American dining experience in Connecticut, this is your chance to do it for a steal!

Listing Number:

22859

Category:

Bar/Liquor,Food - Restaurant,Service - Personal B2C

Location:

Newington, CT
$235,000

Financial Information:

Gross Revenue:

$1,300,625

Listed Price:

$235,000

Down Payment:

$0

Total Income:

$245,172

Year Established:

2022

Lease Information:

Square Feet:

3500

Total Rent:

$3,500

Lease Expiration:

01/2027

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$25,000

Equipment / Fixtures:

$95,000

Inventory:

$35,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

8

Part-Time Employees:

3

Special License Required:

Liquor license and food certificate

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Seller owns a steakhouse about 20 miles away and does not have time to run both businesses

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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Amanda Lea
Office: | Cell:
License #:

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American Restaurant
Newington, CT

Listing Number:

22859

Category:

Bar/Liquor,Food - Restaurant,Service - Personal B2C

Location:

Newington, CT

Listed Price:

$235,000
brokerPhoto
Amanda Lea
Office: | Cell:
License #:

This is a turnkey American restaurant specializing in house made burgers from scratch that has a delectable menu for all, loyal customer base, and is in a prime location! While this is a newer restaurant to the area, it has been open for over a year now and has become a go-to spot around town doing over $1.3M in revenue the first year! If you're looking to seize the chance to redefine the American dining experience in Connecticut, this is your chance to do it for a steal!

Financial Information

Gross Revenue:

$1,300,625

Listed Price:

$235,000

Down Payment:

$0

Total Income:

$245,172

Year Established:

2022

Lease Information

Square Feet:

3500

Total Rent:

$3,500

Lease Expiration:

01/2027

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$25,000

Equipment / Fixtures:

$95,000

Inventory:

$35,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

8

Part-Time Employees:

3

Special License Required:

Liquor license and food certificate

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Seller owns a steakhouse about 20 miles away and does not have time to run both businesses

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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