Classic Diner & Pizzeria Est 10 yrs

Meriden, CT
New Haven County

consummate location with 30,000 cars a day


Asking Price: Annual Revenue:
$220,000 $1,000,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Classic Diner & Pizzeria Est 10 yrs Broker: Shawn Reilly
Owner Financing is Available!

Quick Facts

Asking Price: $220,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: CT
Year Established: 2008
Employees: Not Disclosed
BBN Listing #: 363633937
Broker Reference #: Diner M

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Business Overview:

A unique opportunity to own a unique high grossing diner with pizza in the consummate location with 30,000 cars a day going right by your front door, after a prosperous 10 year run owner says sell. This local gem with multiple income streams breakfast, lunch, dinner, pizza, beer & wine, catering, private parties has become a popular go to place with a growing loyal customer base. Given its tremendous location any concept would work here. To be able to get a high grossing restaurant of this caliber established 10 years is a rare opportunity indeed act now on this must see!

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Property Features and Assets:

3,600 booming square feet, fabulous rent factor of only 7%, reasonable $6,000 gross rent (includes property taxes & insurance), 120 money making seats, private dining for up to 80 people, full basement refrigeration &storage, inviting patio, AAA location w/ 30,000 cars at your door step, profitable beer & wine license, open 7 booming days 7 to 10, 8 cases eggs a week, 5 cases mozz a week, Any concept work here, substantial upside potential.

Market Competition and Expansion:

Competition: Consummate location with 30,000 cars a day Growth & Expansion: More focus on delivery and advertising

Reason for Selling:

Health

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.

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