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- RE: Iconic Italian Ristorante & Pizzeria
- Contact: Shawn Reilly
Quick Facts
Asking Price: | $399,999 | |
Annual Revenue: | $1,700,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $250,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $350,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 16 | |
BBN Listing #: | 997700 | |
Broker Reference #: | BF ITALIAN |
Business Overview:
This is more than a restaurant for sale. It’s a chance to own a beloved cornerstone of the community, to carry forward its legacy, and to put your own stamp on its future. It has become more than just a place to eat; it’s a tradition. For years, this highly acclaimed Italian ristorante has been the go-to spot for unforgettable dinners, irresistible pizza, and the kind of warm, welcoming atmosphere that keeps guests coming back week after week. Inside its 1,200 square feet of bustling space, you’ll find 30 inviting indoor seats and 30 charming patio seats, each one a potential spot for a loyal customer or a new fan. The kitchen hums with energy, equipped with a hood and nearly all new equipment purchased within the last two years. There’s ample dry storage, a pristine setup, and a layout designed for efficiency and flow. The numbers tell an equally compelling story: $1.7 million in gross income, $250,000 in cash flow, and a remarkably low rent of just $1,850/month — an unheard-of 1.5% rent factor. Even more impressive, this success comes from operating only five days a week, leaving a clear and immediate path for growth simply by opening two more days. The seller is offering generous financing of only 50% down, with the balance secured, making this an accessible opportunity for the right buyer. Whether you’re a seasoned restaurateur or an ambitious entrepreneur, you’ll be stepping into a business with a stellar reputation, a loyal customer base, and the kind of financials that make it a genuine cash cow. Opportunities like this are rare, and they don’t wait. You shouldn’t either. Contact us now for this must-see.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Market Competition and Expansion:
Competition: As a beloved cornerstone of the community, this Ristorante is the heart and soul of the area, offering rent below market.
Growth & Expansion: Simply opening 7 days a week instead of 5 will add to gross income.
Reason for Selling:
Other business interests. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Connecticut businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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