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Chinese Restaurants, Miscellaneous Restaurant & Bars
Active

High Profit Fairfield Restaurant - Owner Financing

Western Connecticut County, Connecticut, United States
listing image
Asking Price$1.20m
Revenue$2.49m
EBITDA-
Cash Flow$517k
Description
Listing reduced to $1,200,000 This business has been open for over 30 years and is still thriving. Generation after generation come to this restaurant for holidays. There have been so many memories made here and continue to be made. You don't find restaurants that are operating at this sort of profit margins in this market right now. This is great for an experienced restaurant owner/manager to jump into an established business and take the torch and keep running. Cuisine is Pan Asian with and there has been much focus on keeping the recipes and the dining area authentic and high attention to detail. There is room for the bar to expand into deeper higher end cocktails. Once In A Lifetime Opportunity! DON'T MISS OUT!! This Restaurant Has It All! -An unmatched Take-Out Business -Full Bar -Beautiful dining Room -Great Food & Service -Excellent Reviews This business continues to grow and and still has room to expand in this affluent town located on the Connecticut Shore!
Real Estate
Leased
Year Established
1987
Reason Selling
Leaving industry
Facilities & Assets
Newly remodeled façade
Support & Training
Owner is willing to stay on for training as needed
Market & Competition
This is the leader in the area
Growth Opportunities
Develop a updated cocktail menu and increased prices will send this place to record sales
Financing Options
Seller financing is available.willing to finance 50%
Asking Price$1.20m