Pizzeria & Income Producing Property- SBA Approved

Not Disclosed, CT

Asking Price: Annual Revenue:
$1,200,000 $1,200,000

Commercial Real Estate: Non-classifiable

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RE: Pizzeria & Income Producing Property- SBA Approved Broker: Ken Stein

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $265,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $600,000
Year Established: Not Disclosed
Employees: 15
BBN Listing #: 4904701
Broker Reference #: 14754

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Business Overview:

Why Rent when you can be the landlord and operate this well-established Pizzeria with Property that has been a staple in Northeastern, Connecticut for over 20 years. This business has everything - easy to operate, low fixed overhead, plenty of parking, a loyal customer following and a stable and experienced staff. PLUS, there is a 3-bedroom apartment, a garage/storage building AND an additional retail storefront. When fully rented the rent roll will be approximately $7,000 per month.

This business earns the owner over $250,000 per year, WITHOUT the income from owning the real estate. The apartment is also ideal for the owner’s use, the staff of the pizzeria or any family. The empty retail storefront was a long-standing 20+ year tenant before COVID. YOUR CHOICE, develop and operate another business from the storefront or collect the rent as the landlord. This is a WIN-WIN business opportunity.

BONUS: Because the pizzeria does 60% Delivery and 40% Pick-Up (NO RESTAURANT), sales have increased during Covid.

This is a fantastic opportunity to take over a great pizzeria AND own the property which also has additional rental income. EXCELLENT Books & Records. SBA Approved for qualified buyers with a 20% down payment. Please refer to listing #14754 when inquiring about this opportunity.

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.

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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