Absentee-owned University Area Burger Spot – High Volume

HS Listing ID-71230 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 $757,000 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