CT Restaurant & Bakery Asset Sale

Farmington Valley, Connecticut (Hartford)

  • Asking Price: $160,000
  • Gross Income: $1,155,000
  • Cash Flow: $72,063
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #206342
  • Established: Not Disclosed
  • Employees:

Business Description

Our client is a successful restaurant in the Farmington Valley area of Connecticut seeking a buyer for its physical assets. Over 40 pieces of equipment are for sale, including the contents of the retail restaurant area. Total value of all items for sale is $185,357. The business is currently owner-operated in multiple locations in Connecticut. The owners have decided to consolidate to one location and pursue additional business ventures. The location for sale had gross sales of $1,155,000 in 2017. Approximately $500,000 was invested in the build-out renovation to the beautiful space. Total square footage of the business is 6,000 square feet. Additional space is also available in this location. An entrepreneurial buyer will be able to successfully build a new brand in the current space utilizing the assets for sale. The Farmington Valley is a hub of activity in Hartford County, and features many popular restaurants and shopping destinations. The business currently sees many repeat and new customers, especially during the seasons when the business can utilize its large patio. The location is a popular breakfast and lunch spot, and conveniently located on a major route with ample parking. This is an excellent opportunity for a buyer looking to open a restaurant in the Farmington Valley.

Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Connecticut
Metropolitan Area: Farmington Valley
County: Hartford

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $160,000
Gross Revenue: $1,155,000
Cash Flow: $72,063
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

David Richman

Pivot Business Brokers