Listing ID: 10893
Hot Rod Cafe
114 Bank Street.
​New London, CT 06320
Description
​
Rare Opportunity: Bar/Restaurant with Building for Sale - $1,200,000
Don't miss this incredible opportunity to own a thriving Bar/Restaurant with its very own building! Priced at just $1,200,000, this is your chance to step into a well-established business with fantastic potential. Here's what this exceptional property has to offer:
Property Details:
  • Spacious 4,158 sqft building
  • Additional 718 sqft porch for dining
  • Generous indoor seating capacity for 120 guests
  • Porch seating for 50
  • Rooftop area for 50 people
  • Basement space with capacity for 50
  • Ground-level patio with room for 15 patrons
  • Two fully-equipped kitchens, one on the ground floor and another on the first floor
  • Full liquor license for your convenience
Versatility:
This property is versatile and can be subleased to two different food establishments, allowing you to maximize your income potential.
Power Backup:
You'll have peace of mind with a large generator on-site, ensuring your building stays powered for over a week in case of any outages.
Proven Success:
Currently operating as a bar/restaurant, this establishment has consistently achieved an impressive weekly sales average of $20,000 over the last two years.
Flexible Ownership:
The current tenant is moving to a different town, but plans to continue running the place for limited hours, focusing on parties. This flexibility opens up various options for ownership and management.
Financing Available:
We offer financing through a private lender with favorable terms:
  • 50% down payment
  • 6% interest rate
  • 3-year term
  • 20-year amortization
Contact Us:
This remarkable opportunity is brought to you by CT Restaurant Brokers. For more information and to explore this unique investment, please get in touch with us today. Don't wait—act now and secure your future in the hospitality industry!
Thank you for your interest.

Gallery

Showing
Call Listing agent. 
Savas Ozuolmez
Cell (860) 541 0185
Email : savas@ctrestaurantbrokers.com
Facebook : fb.me/ctrestaurantbrokers
Licensed Real Estate Broker in CT & MA.
Financing : Private Investor may finance the property with %50 down, 3 year balloon payment, 6% interest, 30 year amortization. Call for details. 

Property Tax

Town Record

2019 Porch Addition

Disclaimer
​​​​​Information is believed to be reliable. Accuracy not verified; no guarantee, warranty or representations made. It's your responsibility to independently confirm it's accuracy.
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