Restaurant Business in Middletown CT

Business Opportunity for Sale
Catylist Listing ID: 30428581
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $499,000
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 12/5/2019

Overview / Comments

Warm, contemporary, gracious and lively atmosphere. Enjoy a martini on the 90 seat patio, or an unparalleled dining experience with distinctive cuisine and fresh, seasonal ingredients inside an old European-style dining room.
5,000+/- SF Restaurant
210 Seats total
Traffic Count: 12,300
Established since 2002
Large patio seating area
Parking on street & rear lot
Regional or national location
Public Water & Sewer
Foyer / Bar with 22 seats (booths & stools)
Tables on patio with 92 seats
Negotiate new, favorable lease (currently in option period)
NNN included in rent
Rent 6.6% of sales of $1,300,000
Catering included in CAM
Confidential - please call agent. Do not walk in.
Financials and lease with full disclosure available

Attachments & Media

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,134 48,391 88,161
Median Age: 44.23 39.67 40.26
Households: 1,323 19,603 36,393

Contact

Photograph of Listing Agent

Ronald E. Lyman

Lyman Real Estate CTCList Member
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