Great Value- 57 Year Italian Restaurant For Sale

Not Disclosed, CT
Fairfield County


Asking Price: Annual Revenue:
$449,000 $1,174,777

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Great Value- 57 Year Italian Restaurant For Sale Broker: Eric Mendelsohn
Owner Financing is Available!

Quick Facts

Asking Price: $449,000
Annual Revenue: $1,174,777
Net Profit: Not Disclosed
Cash Flow: $291,513
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 20
BBN Listing #: 500035879
Broker Reference #: 6842-377653

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

Great value and opportunity for a 57-year-old Italian Restaurant! Priced for a quick sale. Listed price is less than 1.5x SDE. A long-term lease that goes for another 15 years is in place at a current rent of $6000, with real estate taxes and common charges it's 7366 per month. The 2000 square foot restaurant fits 90 people. The restaurant serves wine and beer that account for 15% of the total sales. It’s food consists of gourmet pizza, pasta, wrap sandwiches, Italian, seafood, chicken, and baked dishes. The place has a clean and bright look as the owner spent $150,000 in renovations three years ago. Owner is motivated to sell as he has another business to go into. Financial information on the listing is for 2020 calendar year.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!