Redone Upscale Italian Restaurant

Location: Western Fairfield County, Fairfield County, Connecticut

Primary Category: Retail - Restaurants
Secondary Category: Retail - Other Eating & Drinking Places
Your Reference ID: 460

Financial Information
Asking: $350,000
Gross: $416,000
Cash Flow: $80,000
Furniture, Fixtures & Equipment: $40,000
Financing: Seller will consider financing portion of the purchase price to qualified buyer
Seller financing is available

Summary Description
No pizza. This is an upscale Italian restaurant in Fairfield county. Dining room was redone in 2009. Elegant and inviting. Seating for 65 plus 17 in the bar area. Bring your concept here and you will do well. Upscale town. Only leased items in the restaurant are ice maker and dish washer. Kitchen was redone in 2005 and is in terrific condition. Entrees are +- $25 with the current concept.

General Information
Facilities: Beautiful, recently redone 65 seat dining room. 17 at the bar. Over 55k spent last summer to update. Restaurant was gutted 5 years ago down to the studs. Kitchen was completely replaced. Great facility, great town, lots of parking.
Competition: There are other Italian restaurants in this town
Growth and Expansion: Add your own concept. Increase advertising and specials
Support/Training: As negotiated
Reason Selling: Moving on
Year Established: 2005
Employees: 6

Contact Information
Contact: Steve Lovas
Phone: 914-552-0888
Email: slovas@chandalar.com