Seller Motivated! Priced to sell. Pizza Parlor

Not Disclosed, CT
New Haven County

Asking Price: Annual Revenue:
$150,000 $402,570

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Seller Motivated! Priced to sell. Pizza Parlor Broker: Andrew Cagnetta
Owner Financing is Available!
Owner Financing Terms: $20,000.00 Owner Financing Interest: 6% Owner Financing Terms Months: 36 Owner Financing Monthly Payment: $608.44

Quick Facts

Asking Price: $150,000
Annual Revenue: $402,570
Net Profit: Not Disclosed
Cash Flow: $1,982
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1982
Employees: 5
BBN Listing #: 3347630
Broker Reference #: 0101423023

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Business Overview:

Seller says bring offers! Homemade Pizza and Italian Food Takeout restaurant. Established for almost 40 years. Great lease. Steps from the beach, with several parking spots, nice traffic count with good visibility/signage from main avenue. Plenty of upside with deliveries and more attention to marketing locally. Catering a great way to expand as well. Great established brand in the area. Owner wants to relocate. Great restaurant for the first time buyer, or immigrating family! Owner financing available. Come talk to us!! Please refer to listing 0101423023, business broker Andy Cagnetta 754 224 3109 when you inquire about this listing.

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Property Features and Assets:

Type of Location: Restaurant; Facilities: Commercial Brick Building; Monthly Rent: $1,650.00; Square Units (Foot, Meter): 700; Lease Expiration Date: May 31, 2023, 12:00:00 AM; Terms Options: 5 Year.

Market Competition and Expansion:

Miles Seller Not to Compete Within 15 Number of Years Seller Not to Compete For 5

Reason for Selling:

Seller Has other interest.

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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