Listing ID: 71230

Business Overview

Fast-casual restaurant specializing in burgers, wings, fries, and late-night dining, strategically located in a dense university corridor in Connecticut. The business benefits from a built-in student customer base, strong foot traffic, and significant late-night demand generated by a nearby dormitory campus population.

Operating for approximately 1.5 years, the business has already achieved strong sales performance and operates with a largely absentee ownership structure. Current ownership primarily oversees high-level operations and weekly inventory coordination while day-to-day operations are handled by staff.

The restaurant is fully staffed, systemized, and positioned for continued growth under both owner-operator and semi-absentee management models.

Key Highlights

Prime university-area location with consistent student traffic

Strong late-night revenue driven by nearby dormitory population

Accepts university student meal cards, generating recurring customer traffic

Approximately 4,000 sq. ft. facility with below-market rent

Fully staffed turnkey operation

Established operational systems and procedures in place

Absentee-owned structure with minimal owner involvement

Strong brand presence and growing regional recognition

Financial Overview

Revenue

Annual Gross Revenue: Approximately $806,000

Estimated Cash Flow Margin: Approximately 17%

POS Sales YTD: $1,192,414

Lease Terms

Current rent structure includes long-term below-market rates with minimal increases:

$4,111/month through August 31, 2027

$4,225/month from September 1, 2027 – August 31, 2029

Optional extension:

$4,342/month from September 1, 2029 – August 31, 2031

The lease contains only a 2.77% increase every two years, providing stable occupancy costs and under-market rent protection through 2034.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $215,000
  • Cash Flow: N/A
  • Gross Revenue: $806,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:4,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.