Broker Profile

John A. Russo Jr.

860-257-4274

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Company Information

Just Restaurants

Company Information:
For buying, selling, or appraising restaurants, turn to the specialists who know the business and marketplace better than anyone in Connecticut. All associates have restaurant backgrounds. We have handled restaurant sales exclusively since 1990, selling 300 restaurants worth more than $39 million. We sold 30 Connecticut restaurants in 2004/2005 worth more than $9 million including: Brannigan's in Southington, Constantine's in Niantic, Oxbow in Hartford, Cabin in Meriden, Vito's in Middletown, and Three Lions (now Anna's) in South Glastonbury.

Background:
John A. Russo, Jr., President founded Just Restaurants in 1990. Prior ownership interests in Connecticut include: Jonathan's Lakeside Restaurant (Windsor), Ruth's Chris Steakhouse (Newington), The Windsor House (Windsor), and The Town Squire Restaurant (Hartford). His family currently owns the Landmark Bidwell Tavern (Coventry). His expertise also encompasses finance, real estate investments and authorship. He has served in various executive capacities for the Travelers and Hartford Insurance companies. Mr. Russo earned an M.B.A. in finance from the University of Connecticut and holds a B.S. in Meteorology from the City College of New York.

John A. Russo, III, Vice President is the ranking executive in Hartford, Middlesex, Tolland and Litchfield Counties. Mr. Russo received his Bachelor's Degree in Restaurant and Hotel Management from Johnson and Wales College, Providence, Rhode Island and has over 20 years experience in the restaurant industry. He served as Operational Manager of The Town Squire Restaurant (Hartford), as Food and Beverage Manager at La Renaissance (East Windsor), and Assistant Manager of The Blacksmith Tavern (Glastonbury). He recently spent six years as Owner/Operator of the highly successful Jonathan's Lakeside Restaurant in Windsor. Mr. Russo, an experienced chef as well as manager, will work closely with Sellers and Buyers, utilizing his overall technical restaurant talents.

Areas Served:
Hartford County, Connecticut.  

Established Businesses For Sale

Asking

Cash Flow

Location

Multi Facited Restaurant Asset sal...

  $125,000

  N/A

New London County, CT

This is a 5000 Sqft Restaurant with many products, serving Breakfast/Lunch, a huge salad bar, pizza, Ice Cream, Pies, American Food, Sandwiches, ect. SEEIN IS BELIEVING. Original Owner passed away and family member has other interests and is offering this as an underpriced Asset Sale. Sales presently$10,000-$11,000 a week. The furniture and equipment package, exellent lease terms and multiple...

Mediterranean Restaurant/Price Red...

  $75,000

  N/A

Unionville, CT (Hartford County)

Farmington Area Asset Sale

This location has unlimited possibilities, the present owner did a wonderful job renovating the entire interior of the facility. All of the equipment is in exellent condition and purchased in the last 2 years. Unfortunately the owner is forced to move. $80,000 is a steal for the space which also includes a huge basement.

Popular Downtown Wine Bar

  $165,000

  $100,000

Hartford, CT (Hartford County)

Local Wine Bar

This Restaurant is in a Prime location Downtown, the potential to increase Sales and profits is exellent. The present owner also has entertainment Thursday, Friday and Saturday nites. the food is American/ Italian and very good, with an exellent wine selection and a full Bar. It is a 60 seat Restaurant.

Country Tavern

  $299,000

  $150,000

Hartford County, CT

1,800 Sq Ft Country Tavern in an upscale suburb of Hartford. Very loyal customers. A very popular pub setting that could use advertising and promotion to increase sales.

Shoreline Bar and Grille

  $625,000

  $285,061

New London County, CT

2 year return on you investment with this very Popular and fun Shoreline Sports Bar and Grille, located on busy street in a Large town with 45k population. If you like busy, busy this ones for you. Sales are constantly increaseing with very little advertising.The Menu is very diverse. (There is something for everybody). The entire premisis are in exelent condition inside and out.

Famous Irish Tavern

  $295,000

  $174,384

New Haven County, CT

This is one of the best and most popular Taverns in the state. Its reputation speaks for itself. After a 30 year run the present owner has decided to let it go. Sales have been Consistent at around 20k a week with little advertising and closed on Mondays. The restaurant business at $295,000 with Restaurant Property also avalible. This is a fantastic opportunity for a experienced Bar operator.

Profitable/Pizza/ Pub

  $245,000

  $158,470

Hartford County, CT

This is a landmark pizza restaurant (17 year operation) in an excellent suburban town. Sales are more than $900,000, with a net cash flow of over $150,000. The sales volume is split between the dining room, bar, take-out, patio, and delivery. There is a full liquor license in a busy bar area.

Upscale Sandwich Shop

  $99,000

  $80,000

New London County, CT

This is a great opportunity for a food entrepeneur starting out in the culinary world. Turn key operation with talented chef/owner's recipes. Situated on Main Street in a very popular shoreline village.

Profitable Wood Burning Pizza Trai...

  $95,000

  $95,000

New London County, CT

Excellent opportunity for an aggressive pizza maker in a remarkable Class 4 food service trailer located on .37 acres of property. Very low operating costs. No notable competition. This trailer is furnished with a high end, Italian wood burning oven. This is fully functional and ready to go. Potential of moving this trailer for private functions.

Family Owned Diner

  $139,000

  $100,000

New London, CT (New London County)

This 4756 sqft Restaurant in a stand alone building on a very busy street serves Breakfast, Lunch and Dinner.Sales are Currently $600,000 anually, with little advertising. There are 200 seats and a full Liquor License. This would be a great opportunity for an experienced sucsessfull Diner operator.

Shoreline Coffee Shop

  $42,000

  $42,000

Middlesex County, CT

This is a great opportunity for a small investment to establish yourself in the market.

Popular and Profitable Bistro

  $625,000

  $300,000

Litchfield County, CT

Take over this very well runned operation and you will get your investment back in less than 2 years. The present owner has created a very profitable operation and has decided to let go after 20 successful years.

High Volume Fairfield County Landm...

  $900,000

  $450,000

Fairfield County, CT

This is an exellent Profitable Landmark Restaurant and Property including the 7100 sqft Restaurant facility and a 1988 sqft house located in a very affluent Fairfield County Town. Sales should exceed 2,600M in 2014, and a net cashflow of $450,000. The total Property and Business Price of $4,8000M leaves enough equity to become financible for a qualified Buyer.

Great Waterview Shoreline Bar/Pub

  $225,000

  N/A

New London County, CT

The waterview outside deck view is spectacular for this 3,000 Sq Ft bar/pub with (2) 1,500 Sq Ft apartments upstairs. Sales are $743,000+ with a new cash flow of $74,000+. The potential for new owners is for sales of $1,000,000 to $1,500,000 with profits of more than $100,000. The location is one of the best in town especially with the outside waterview deck. The property could be avilable via an...

Main Street BBQ Restaurant

  $75,000

  $50,000

Hartford County, CT

Simple BBQ/large Smoker

Great opportunity for turn key BBQ restaurant. Built in clientele. Great potential for heavy take out business.

Real Estate For Sale

Asking Price

Building Size

City, State

Closed/Price Reduced Highway trave...

  $950,000

  6662

Sturbridge, MA (Worcester County)

6652 sqft Restaurant site right off Rte 84 and very close to the Mass Pike intersection on 14.2 acres. This location is a major travel stop between New york and Boston with easy on/off .The property is available below the recent appraised value of $1,500,000 including present assets worth $150,000(Free).


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