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Italian Restaurant on the HOTTEST block in Stamford CT - Corner Location $1.8mm Gross - MUST Change Name

Italian Restaurant on the HOTTEST block in Stamford CT - Corner Location $1.8mm Gross - MUST Change Name
New york (UNDISCLOSED)

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Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Non Confidential Information

Property Information

Listing Number:

11609

Business Type:

Established Businesses

Business Category:

Restaurant/ Cafes

State:

New york

County:

UNDISCLOSED

Other Information

Financial Information

Asking Price:

$399,000

Gross Income:

$1,800,000

Cash Flow:

$278,008

Seller Financing:

Confidential Information

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Business Description

Regardless of the Gross sales of $1.8M , any experienced operator will take one look at this Bi Level Italian restaurant with full kitchens on each level & Seperate Party / Catering rooms on second level and realize at an asking price of $399k that this is a no brainer. Location is situated on the corner of the hottest block in Connecticut with outdoor seating. It's not easy to find a location in this upscale town which is always looking to add to the great atmosphere that it already has to offer. Current owner looking to retire & is ready to let this great opportunity go at a great price. Very favorable lease for this location. All equipment is included except coffee & espresso machines. Fully trained staff. Take advantage of this listing NOW , otherwise someone else is going to be running this Diamond in the rough location just in time for the busy season!!

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!