Owner Financing is Available
Business for Sale Overview:
Price Reduced...This 575 square feet Pizza Take Out & Delivery business has more room than what you think. It has a regular pizza oven and a belt driven oven that can cook a pie in 8 minutes. It is located in a mixed residential and commercial neighborhood on a main road off Route 8 in Shelton, CT. Great location for picking up a pie or wedge and bringing it home. Even better location for doing a big lunch trade. There are more people working within 2 miles of this store than people living there! The business offers free delivery in the area.
Sells 4 sizes of pan pizza (10, 14, 16 & 18 inch - $6.25, $9.25, $10.25 & $13.50). Also has specialty pies, hot oven grinders, wraps, calzones, stuffed breads, entrees and family dinners. Business also does catering.
Owner purchased business last January (2009). Must sell because he needs surgery and won’t be on his feet for quite some time. Pizza business been here over 30 years.
Hours of operation are Monday through Thursday 11:00 to 8:00, Friday & Saturday 11:00 to 9:00 and closed on Sunday. A typical Owner would need a driver, cook and some part timers. Sales for this business is estimated to be approximately $4,500 per week. Owner’s Cash Flow from this volume level would is estimated over $68,000 depending on expense control and revenue attainment etc.
The Pizza Store is located in a 575 square feet store in a shopping center on a main road in Shelton, CT. There are 4 years remaining in the current term of the lease. Rent is $1,450 including all the nets (garbage & grease removal included in rent). There is a 5 year option to renew with the rent to be negotiated.
As previously stated there are a lot of employees working in the offices and commercial spaces in a 2 miles radius of this business (nearly 17,000 employees) – no matter how you look at this – it means big time lunch potential. The present Owner knows this but hasn’t really gone after this business but intends too. His first priority was to get the pizza take out business up and running – he’s done that – now he looking at the lunch business – so should you!!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Must sell because he needs surgery and won’t be on
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.