Ultimate Italian Bistro W/Pizza

Guilford, CT
New Haven County

Prime rt 1 location upsacle shore town

Asking Price: Annual Revenue:
$350,000 $900,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Ultimate Italian Bistro W/Pizza Broker: Shawn Reilly
Owner Financing is Available!

Quick Facts

Asking Price: $350,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: $275,000
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: $550,000
Year Established: 2008
Employees: Not Disclosed
BBN Listing #: 439933937
Broker Reference #: Guilford Bistro

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Business Overview:

MOTIVATED SELLER WANTS OFFERS! It is my pleasure to offer this high grossing booming local gem which has become the go to place in this quaint upscale shore community on busy Rt 1. When was the last time you saw a bistro that could earn so much per square foot with high profit food items. The private room for 50 has become very popular for private events and a weeknight ala carte dinner special that has taken off. The bistro has been open for 11 profitable years with a huge loyal customer base and continues to grow every year, serving pasta, pizza, Italian entrées, dinners to go, popular salad bar, deserts from Italy and large catering clientele. Absolutely no risk here! You can search high and low for an opportunity like this, for a price like this, add another $500,000 and the real estate is yours, where you get your investment back in a few years. If you are looking for a high income with no risk look no further call now.

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Property Features and Assets:

Extremely profitable 2,800 square feet, incredible $4,300 rent outstanding 6% to gross revenue factor, upscale quaint East Shore town, busy Rt1 location, 50 seat private party room, 20 seat dining room, cozy enticing bar a real favorite, outside seating available, code 1,000 gallon grease trap, enormous take-out business, salad bar, open Monday-Thursday 10-9 Friday 10-10 Saturday 10-5 Sunday closed, remarkable 15 cases shredded mozzarella a week, unique Italian Bistro with pizza food concept, pictures including aerial upon request.

Market Competition and Expansion:

Competition: Prime RT 1 location, there is no other concept like this one in town no one does it better Growth & Expansion: Open Sundays & later on Saturdays more marketing compared to none would, expand delivery would do nothing but substantially increase revenue.

Reason for Selling:

Aging parents needs.

Additional Details:

  • The property is owned.
  • 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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