Exquisite, High-Potential Restaurant for Sale in Westport, CT

Reference #:	622024
Location:	Westport, CT
Price:	$800,000
Amount Down:	$800,000
Revenues:	$1,420,000
Discretionary Earnings:	$185,000
Total Assets:	$800,000
Business Description:	Extraordinary opportunity for seasoned restauranteur. Beautiful location on the Saugatuck River near the heart of Westport, CT. Indoor/outdoor dining. This restaurant was totally remodeled 5 years at a cost of over $1.0 mil and was again tastefully updated in '09 at a cost of over $100k. Recently written up as the best happy hour around. Great views from all tables and bar area. Plenty of parking. Great lease with 14 years remaining plus 5 year option. The current owners are not restauranteurs and wish to focus on their core business. In the past, this restaurant has generated over $2.0 mil/yr and can easily do so again.
Contact Us About This Business For Sale The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.