292 Candlewood Lake Rd & 5 Kellogg St, Brookfield, CT for sale

Investment Overview

Down the Hatch – Candlewood Lake Restaurant & Real Estate Opportunity A rare and truly one-of-a-kind investment opportunity to acquire Down the Hatch (Lake Shore Lounge), the only full-service restaurant located directly on Candlewood Lake in Brookfield, Connecticut. This iconic waterfront destination features direct lake access, private boat docks, and licensed outdoor deck dining, creating an irreplaceable hospitality asset with strong historical performance and significant growth potential. 312026 DowntheHatchOfferingMemo… The offering includes the restaurant property at 292 Candlewood Lake Road along with an additional parcel at 5 Kellogg Street, providing essential parking, four rental cottages, and a workshop space. Together, these assets create multiple revenue streams while supporting the restaurant’s operations and future expansion possibilities. 312026 DowntheHatchOfferingMemo… With over 11,000 square feet of indoor and outdoor usable space, Down the Hatch offers a unique waterfront dining experience that attracts boaters, locals, and visitors throughout the season. Long-standing licensing agreements with FirstLight provide rights to the docks and deck dining area, creating significant barriers to entry that cannot be replicated on Candlewood Lake. 312026 DowntheHatchOfferingMemo… The business has demonstrated consistent historical revenues of approximately $1.95M – $2.07M annually with normalized EBITDA between $450,000 and $520,000. Additional income is generated from the four cottages located on the Kellogg Street parcel, offering further upside and diversification of revenue. 312026 DowntheHatchOfferingMemo… Offered at $6,750,000, this property represents a compelling opportunity for investors or operators seeking a dominant waterfront restaurant with strong cash flow and the potential to significantly increase returns through expanded operations or year-round use.

Investment Highlights

• Only restaurant on Candlewood Lake with direct water access and boat docks
• Licensed outdoor deck dining overlooking the lake
• Over 11,000 sq. ft. of indoor and outdoor restaurant space
• Additional 2.11-acre parcel with parking, cottages, and workshop
• Multiple income streams from restaurant and rental cottages
• Strong historical revenue and proven operating history
• Significant upside potential with year-round operations
• This is a once-in-a-generation opportunity to own a landmark waterfront restaurant and real estate asset on Candlewood Lake.