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

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...

Shoreline/Breakfast/Lunch

  $75,000

  $63,855

Middlesex County, CT

This is an exellent small but busy breakfast/lunch Restaurant closed on weekends and 3pm every day. A very easy and profitable operation. Sales $200,000 with a net cash flow of $63,855, almost on an absentee basis. 1200 sqft with 16 seats. Hours 7am to 3pm Monday-Friday. Great for a first time Buyer.

Mediterranean Restaurant/Grille

  $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!

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/Price Red...

  $75,000

  N/A

Unionville, CT (Hartford County)

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.

Low Rent/ BBQ Restaurant

  $65,000

  $50,000

Hartford County, CT

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

Popular Bar and Grille

  $160,000

  $100,000

Tolland County, CT

Busy Pub Style Restaurant

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.

Mediterranean Restaurant

  $225,000

  $138,880

Hartford County, CT

Popular Mediterranean Style

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.

Easy to Manage Pub/Club

  $70,000

  $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.

(Price reduced)Downtown Wine Bar

  $135,000

  $100,000

Hartford, CT (Hartford County)

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.

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.

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 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.

Waterbury Resaurant Locatoion

  $60,000

  $40,000

Waterbury, CT (New Haven County)

Waterbury/High Traffic Location

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

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.

(Price Reduced)Pizza/Bar

  $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.

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...

Breakfast/Lunch with Drive Thru

  $275,000

  $149,014

Tolland County, CT

This is an exellent, very profitable Breakfast/Lunch Restaurant with a very busy Drive Thru window. Sales are $519,577 with a net cash flow of $149,014 in very limited hours, 6am-2pm Monday thru Saturday and 7am- 1pm Sunday. With 60+ seats.

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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