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

Diner Type Shoreline Restaurant/Pr...

  $475,000

  $332,988

New London County, CT

Profitable Shoreline Restaurant

This Restaurant has been a main stay in the East Lyme/ Niantic area for over 30 years, 20 + by the existing owner. The Restaurant serves Breakfast ,Lunch and Dinner. Sales have exceeded 1m for many years. (1,200,000) (20k+/wk) 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.

Profitable Bistro

  $625,000

  $300,000

Litchfield County, CT

Popular high cashflow Bistfo

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 Sports Bar/Nite Club

  $225,000

  $81,251

Hartford County, CT

Profitable Nite Club/Sports Bar

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

Popular and Profitable Sports Bar

  $350,000

  $200,000

Hartford County, CT

This is one of the most popular Sports Bars in the Hartford area. Voted #1 in the state 3 out of the last 6 years. The decor is beautiful with 50 tv's, many right at you own table. 2014 Sales around 1,200.000 with a profit of $200,000. Your return on investment is 1and1/2 years. A great opportunity for a sports fanatic operator who can run a great Restaurant operation.

Very Profitable Pizza Restaurant

  $325,000

  $200,000

New London County, CT

This is an exellent very profitable Pizza operation, 50 years at this location and 16 years with present Owners. Sales are about $600,000 annually or $11,500/wk. The net cashflow is approximately $200,000/year. Which is exellent for a 2000 sqft operation. Both on prmises dining and take-out are exellent. There is no delivery at this time. There is presently a beer and wine License and this entire...

Busy Family Restaurant

  $225,000

  $100,000

Middlesex County, CT

This is a well established Restaurant with a full liquor license, 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 Steaks, chicken, burgers and great appetizers. The Rent is very good at $2810 and the owner Nets $100,000. This is no doubt a great opportunity! The Property could also be available!

Busy and Profitable Shoreline Rest...

  $625,000

  $305,061

New London, CT (New London County)

2 year return on you investment with this very Popular and fun Shoreline Restaurant 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). Furniture and equipment in exellent shape, large outdoor patio, very...

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

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!

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.

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.

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.

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.

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

Real Estate For Sale

Asking Price

Building Size

City, State

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.

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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