Food & BeverageVerified Seller
Award-Winning Shoreline Restaurant in New Haven, CT - $299K - $175K Cash Flow
New Haven County, Connecticut
Asking Price$299,999
Annual Revenue$1,637,028
EBITDA / Cash FlowUpon Request
Executive Overview
Discover an exceptional opportunity to own an award-winning shoreline restaurant in New Haven County, CT. With a reduced asking price of $299,999 and a strong cash flow of $175,643, this restaurant is poised for growth under new ownership.
Key Investment Highlights
- •Prime location in a vibrant town known for its thriving restaurant scene
- •Recently renovated space with a total capacity of 144 seats (120 dining room + 24 bar)
- •Attractive rent of $5,150 for a spacious 4,500 sq ft commercial property
- •High-end kitchen equipped with professional-grade equipment including Rational Combi Oven
- •Proven business model with consistent profitability even under absentee ownership
This well-established restaurant represents a turnkey opportunity for a passionate chef or experienced restaurateur. The business has demonstrated remarkable resilience, maintaining impressive profit margins despite minimal active management. Its strategic location in a dynamic culinary community provides an ideal foundation for continued success and potential expansion.
The property offers significant growth potential for an owner-operator willing to implement innovative marketing strategies and refine the existing concept. With modern facilities, a prime location, and a solid financial track record, this restaurant presents a rare investment opportunity in the competitive New Haven County dining market.