Seller's Contact Information
- RE: Historic Pizza/Ristorante
- Contact: Shawn C Reilly
Quick Facts
| Asking Price: | $189,000 | |
| Annual Revenue: | $800,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $155,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 295,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1995 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 478733937 | |
| Broker Reference #: | HILLPI |
Business Overview:
REDUCED MOTIVATED SELLER WANTS OFFERS! It is my pleasure to offer this popular high grossing profitable ristorante & pizza with a colossal loyal customer base after being established for decades serving traditional Italian favorites and pizza with large take-out and catering business. This is one of those unique opportunities with very little if any risk after being established for 20 years and is a real buy at this price. This wouldn’t be on the market except for the owner’s are retiring after a long profitable run and is now ready to hand the reins over to fortunate buyer to capitalize on a stellar reputation created over the many years. Act now to be that fortunate buyer.
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Property Features and Assets:
2,500 renowned square feet, 50 prosperous seats, great $3,500 rent under 6% rent factor, High grossing profitable restaurant, open 6 days closed Mondays, fully equipped restaurant, $50,000 state of the art hood system, catering to the local boat yards, no delivery, 10-12 cases shredded Mozz, super website, huge pizza take-out and catering business, highly acclaimed, code grease trap, established decades, AAA Rt 1location, full liquor license, property available
Market Competition and Expansion:
Competition: Great location Growth/Expansion: Add and market delivery and catering
Reason for Selling:
Retiring after long successful run.
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
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