Restaurant for Sale in Windham County, CT
Financial Details
- Asking Price:
- $249,000
- Annual Revenue:
- $332,101
- Cash Flow / SDE:
- $111,711
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 2.2x
- Location:
- Windham, CT, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a well-established, continuously-running restaurant located in Windham County, CT, with a history spanning 35 years. It boasts excellent customer reviews, a loyal customer base, and dedicated staff, contributing to its steady and profitable operations. The establishment seats approximately 100 people and is popular for hosting events like baby showers and birthday parties. It features a spotless kitchen equipped with high-quality, expensive equipment. The current owners are retiring, presenting a prime opportunity for a new buyer. The business currently closes at 2 PM, offering significant potential for increased revenue by extending evening hours. Furthermore, the addition of liquor service, Keno, and a web presence are identified growth opportunities. A major asset is the accompanying real estate, available directly from the seller, which comprises over seven acres of land and nine occupied rental properties. The rental income alone is sufficient to cover the new buyer's monthly mortgage payments, with surplus income remaining. A substantial price reduction is offered for the combined purchase of the restaurant and property.
Industry Information
- Industry Description:
- Restaurants & Food
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 1990
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Available Separately
- Real Estate Price:
- $830,000 USD
Listing Details
- Listing ID:
- b8c58380-df53-49cf-9811-841c1036f5b9
- Source Listing ID:
- 30475
- Deal Status:
- For Sale
- Date Posted:
- August 12, 2022
- Last Updated:
- September 15, 2025
- Currency:
- USD