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Restaurant And Catering Business In Hartford County For Sale

Hartford County, Connecticut, US
Asking Price:
$300,000 (USD) Inventory / Stock included
Sales Revenue:
$850,000 (USD)
Cash Flow:
$393,822 (USD)

Classic event space and catering hall is up for sale. The property valued at approximately $900,000 is for sale by the owner and must be purchased with the business.. This legendary establishment is known for their impeccable reputation for many decades with an enviable track record in food, service, cleanliness, and customer compliments. This business serves all occasions: banquets, reunions, showers, wedding receptions, engagement parties, post-funeral receptions, corporate and social events. The owners of this very profitable business have served the community for over 40 years and have been able to live a very comfortable lifestyle. In recent years the owners scaled back their business to service selective opportunities and clientele. Lot of opportunities for a new owner: (A) Reopen the restaurant to the public. (B) Make use of a fully furnished unused basement lounge. (C) Open doors for holiday business and market business to new clients. The business is located in an excellent central location with plenty of parking and new business is easily attracted to this site. Seller financing may be available for a qualified buyer. Please contact broker for more information. Proof of funds will be required.

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Business Operation

Reasons for selling:

Retirement

Employees:
3FT/27PT
Years established:
1979

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

300,000.00 Down & TBD

Furniture / Fixtures value:
$250,000 (USD)
Inventory / Stock value:
$20,000 (USD) - included in the asking price

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