Profitable Restaurant-Pizzeria With Property In CT

Not Disclosed, CT Middlesex County

Asking Price: $1,150,000

Annual Revenue: $1,200,000

Commercial Real Estate: Retail & Shopping Centers

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Profitable Restaurant-Pizzeria with Property in CT

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RE: Profitable Restaurant-Pizzeria With Property In CT
Contact: Ken Stein

Quick Facts

	Asking Price:	$1,150,000
	Annual Revenue:	$1,200,000
	Net Profit:	Not Disclosed
	Cash Flow:	$215,000
	Total Debt:	Not Disclosed
	FF&E:	$500,000
	Real Estate:	Not Disclosed
	Year Established:	1990
	Employees:	17
	BBN Listing #:	936609
	Broker Reference #:	15275

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Business Overview:

Why Rent when you can be the landlord and own and operate this profitable, well-established Restaurant-Pizzeria with Property that has been a staple in this Connecticut town for over 30 years?

This restaurant has it all; a great atmosphere, 3,600 square feet with a full basement, a banquet room, parking for 70 cars, a loyal following, sales of $20,000+ weekly and over $200,000 in yearly earnings for the owners. PLUS, the sale includes 3.5 acres that you can build on or rent out.

This is a turn-key opportunity with a full kitchen, a stable and experienced staff, and seating for over 200 customers. All personnel are in place for a smooth transition.

The business is doing approximately $1.2 million in sales. There are numerous ways for a new owner to improve on these results. The current owners do very little advertising and are ready for retirement after owning and operating the business for more than 30 years.

If you are seriously interested in owning a profitable business and property with an established history and a loyal following, then your search is over. Please refer to listing number 15275 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.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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