Connecticut Italian Restaurant for Sale with Six Figure Earnings - Business for Sale
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Italian Restaurant with Liquor License in Waterbury, CT
Waterbury, CT, US
Added 2 months ago
Italian Restaurant
18 years in business
Absentee / Semi-AbsenteeRetiring Owner
An established independent Italian restaurant with a full liquor license is offered for sale in the Waterbury area of Connecticut.
Key Information
Asking
$389K
Revenue
$1.8M
Earnings
$115K
Multiple
3.4x
Key Highlights
- Business has been operating for 18 years (since 2008)
- Restaurant occupies approximately 6,000 square feet with seating for 100 indoors and 20 outdoors
- Monthly rent including CAM is $6,000
- Full liquor license included, subject to transfer and regulatory approval
- Staff includes 10 full-time and 12 part-time employees
- Seller works 10 to 20 hours per week in a partial oversight role and is retiring
- Sale includes extensive kitchen equipment, POS system, security cameras, sound system, televisions, and 28 tables
- SBA lending is available for qualified buyers with as little as 20% down; partial owner financing may be available
Contact Info
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