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

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.

Busy Country Lounge

  $225,000

  $100,000

Middlesex County, CT

This is a well established Restaurant and Lounge with 100 seats and a 50 seat patio. It is a beautiful area with 2 Lakes nearby. The owner has created a very diverse menu that focuses on a Unique BBQ Style. The Rent is very good at $2810 and the owner Nets $100,000. This is no doubt a great opportunity! The Property is also available!

Diner Type Shoreline Restaurant/Pr...

  $475,000

  $332,988

New London County, CT

This Restaurant has been a main stay in the East Lyme/ Niantic area for over 30 years, 20 + by the existing owner. The menu is Diner serving Breakfast ,Lunch and Dinner. Sales have exceeded 1m for many years. (1,109,388) the most recent, with a cash flow of $332,988 for the year. The Property is available now or during a short term option period, at the appraised value.

Landmark Mexican Shoreline Restaur...

  $200,000

  $148,000

New Haven County, CT

This is one of the best Mexican Restaurants in Connecticut. It has been in operation for 40 years and is very popular and profitable. The owner is retiring. sales of $1,111367 with a net profit of $148,000. It is on .42 acres of land and the property is also available at $450,000 now or via a short term option.

Fun Local Lounge/Property Option

  $125,000

  $103,583

New London, CT (New London County)

This 3400 sqft facility is under utilized and the owner is tired of the business and needs to get out. He is very motivated to sell. Therefore this could be a great deal for the right buyer. A new concept may be the way to go or expand on the business that is going. Business and Property for less than 400K. Great investment! Large Bar with entertainment on the weekends and Cafe Liquor License...

Price Reduced downtown Club/Pub

  $50,000

  $50,000

Hartford, CT (Hartford County)

This Unique Small Pub has great potential in a very busy Downtown location. This can be a real big money maker for the experienced operator. You can limit hours and at the same time increase revenue. 1800 sqft and $1,625 a month rent could be a very profitable situation.A very large bar and DJ Booth present various situations Nitely. Google 7 Sins Hartford to view pics and up coming events

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.

Banquet Facility Property

  $100,000

  N/A

Hartford County, CT

This would be an exellent opportunity for a good establised Catering Person who is growing out of his/her kitchen and is looking to expand. Owner may finance to a qualified Buyer on a short term basis untill Bank Financeing comes avalible.

Popular Mediterranean Restaurant

  $350,000

  $271,876

Hartford County, CT

This is a unique Resaturant with a Mediterranean/Greek menu doing 1,389,000 Sales annually. An owner/ operator can net $271,000 + annually. The owners are retiring and have been pretty mucc absenteefor the past year or so. This is a great opportuniy!

Busy Sports Bar/Nite Club

  $225,000

  $81,251

Hartford County, CT

Nothing needed!!! Take over this very successful absentee owner situation and make 100k per year.

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.

Drive Through Donut, Coffee, and B...

  $145,000

  $112,842

Middlesex County, CT

This is a unique donut, coffee, bagel, sandwich, and drive thru restaurant. The coffee is ground on premises with at least 3 flavors daily. The donuts are larger than Dunkin' Donuts and more diversified and creative. Their egg sandwich is a big seller. Sales are $8000/wk, $431,000 annually and a working owner can take home over $100,000 annually. The drive thru donuts are baked on premises. ...

Mediterranean Restaurant

  $225,000

  $138,880

Hartford County, CT

This is a unique restaurant situation around and well known in Hartford County for 30+ year. The small plate menu has become very fashionable. The sales are $184,759 and an owner/operator should net close to $140,000/year. There is a beer and wine license here as well.

Main St Asset Sale

  $45,000

  $50,000

Hartford County, CT

This is a Great opportunity for turn key restaurant location, equipment in exellent shape. Built in clientele. Great potential for heavy take out business.create your own idea maybe wings togo! Owner moving out of State.

Best Pizza in Town!

  $199,000

  $158,470

Hartford, AL (Geneva County)

This is a landmark pizza restaurant (18 years in 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.

Long Lasting Diner Style Restauran...

  $99,000

  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...

Asset Sales

Asking

City, State

Waterbury Resaurant Locatoion

  $50,000

 

Waterbury, CT (New Haven County)

This is a great opportunity for an experienced operator to get into a great location and pay for just the equipment and to continue operating the same or different concept

Bar/Pub in Large Plaza /Asset Sale

  $125,000

 

Ellington, CT (Tolland County)

This is a great opportunity for an experienced operator.It is in a large plaza setting. It is a great location and did $832,000 Sales in its first year.The Restaurant is open and in full operation. all the equipment is like new condition, The Bar is beautiful and very busy. Present owner has been offered a new situation.

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).

Windsor CT Restaurant Property

  $545,000

  6492

Windsor, CT (Hartford County)

This is strictly a Property of Sale of a fantastic waterfront (Connecticut River) location. Fully equiped and furnished 6492 sq. ft. restaurant facility ready to go with a large, 2492 sq. ft. deck overlooking the Connecticut River.


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