Pan Asian Restaurant, Connecticut Shore: 30+ years

Featured on BizBuySell.com . 9 viewed

Asking Price

$1,300,000

FOR SALE - ACTIVE

Detailed Information

Location

Westport, CT (Fairfield County)

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

For sale is a longstanding and successful Pan Asian restaurant that has been in operation for over 30 years. The restaurant boasts high profit margins and a loyal customer base, with generations of families frequenting the establishment for special occasions. The cuisine is authentic and the dining area is meticulously maintained, providing a unique and inviting atmosphere for patrons. There is also potential to expand the current bar offerings to include higher-end cocktails. Highlighted features of this business include a strong take-out service, a full bar, a beautifully appointed dining room, excellent food quality and service, and favorable customer reviews. Situated in an affluent town on the Connecticut Shore, the restaurant has seen consistent growth and still has room for expansion. Financially, the business is generating a cash flow exceeding 500k for 2023, with additional owner salary not included in this figure. Owner financing is available for up to 50% of the purchase price. This is a rare opportunity for an experienced restaurant owner or manager to acquire an established business

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Listed By:

Name : Robert Marcarelli

Phone Number : Show Phone number

Robert Marcarelli typically replies in about 7 minutes

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