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    Main St Torrington, CT 06790

    Sponsored
    For Sale
    $99,999

    Turnkey Restaurant Business - 50 Years History

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional opportunity allows you to own a well-established restaurant in the heart of Torrington, CT. Boasting a rich 50-year history, this turnkey business is ready for a new owner. The sale includes all existing furniture, fixtures, and equipment, encompassing tables, chairs, a fully equipped kitchen, and a bar. The restaurant comfortably seats 50 patrons indoors and an additional 25 on the outdoor patio, providing ample space for dining. The current owner is highly motivated to sell. A lease for the building is available at a monthly rate of $1,500, structured as a three-year lease with a seven-year option. This presents a fantastic chance to acquire a profitable, long-standing business with significant potential for growth and continued success in a vibrant downtown location. The 0.3-acre lot provides ample space for outdoor seating and potential future expansion. The business is being sold as a standalone entity

    Property Features for Main St

    General Information

    Property type
    Investment properties
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Torrington
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.12141
    Latitude
    41.80008

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    FAQs

    What type of property is this?
    Investment property - Turnkey Restaurant Business - 50 Years History
    Where is this investment property located?
    The property is located at Main St Torrington, CT.
    What is the asking price?
    The asking price for this property is $99,999.
    (860) 482-4063
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    Main St Torrington, CT 06790
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Main St Torrington, CT 06790
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